NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Trading Down 1.3% – What’s Next?

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) fell 1.3% during trading on Thursday . The stock traded as low as $54.41 and last traded at $54.44. 13,465 shares were traded during mid-day trading, a decline of 37% from the average session volume of 21,449 shares. The stock had previously closed at $55.13.

NEOS Nasdaq-100 Hedged Equity Income ETF Stock Down 1.3%

The business’s fifty day moving average is $54.43 and its 200 day moving average is $52.70. The stock has a market cap of $350.05 million, a PE ratio of 30.94 and a beta of 0.62.

NEOS Nasdaq-100 Hedged Equity Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, October 24th. Investors of record on Wednesday, October 22nd were issued a $0.4127 dividend. The ex-dividend date was Wednesday, October 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%.

Hedge Funds Weigh In On NEOS Nasdaq-100 Hedged Equity Income ETF

A hedge fund recently bought a new stake in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Private Trust Co. NA bought a new position in shares of NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 750 shares of the company’s stock, valued at approximately $37,000.

About NEOS Nasdaq-100 Hedged Equity Income ETF

The NEOS Nasdaq 100 Hedged Equity Income ETF (QQQH) is an exchange-traded fund that mostly invests in large cap equity. NUSI is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection.