NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Posted by Clark Linder on Nov 29th, 2024

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $51.15 and traded as high as $52.30. NEOS Nasdaq 100 High Income ETF shares last traded at $52.16, with a volume of 152,297 shares.

NEOS Nasdaq 100 High Income ETF Stock Up 0.6 %

The stock has a market capitalization of $565.63 million, a P/E ratio of 30.79 and a beta of 1.09. The company has a fifty day simple moving average of $51.79 and a two-hundred day simple moving average of $51.16.

NEOS Nasdaq 100 High Income ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 20th were issued a dividend of $0.6116 per share. The ex-dividend date was Wednesday, November 20th.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

A hedge fund recently bought a new stake in NEOS Nasdaq 100 High Income ETF stock. Creative Financial Designs Inc. ADV purchased a new stake in NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,774 shares of the company’s stock, valued at approximately $194,000.

NEOS Nasdaq 100 High Income ETF Company Profile

(Get Free Report)

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.