NEOS Nasdaq 100 High Income ETF $QQQI Stock: SBI Securities Co. Ltd. Boosts Holdings

SBI Securities Co. Ltd. lifted its position in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) by 12.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,349 shares of the company’s stock after acquiring an additional 16,336 shares during the quarter. SBI Securities Co. Ltd.’s holdings in NEOS Nasdaq 100 High Income ETF were worth $8,407,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. City State Bank increased its stake in NEOS Nasdaq 100 High Income ETF by 10.0% in the 3rd quarter. City State Bank now owns 2,200 shares of the company’s stock valued at $122,000 after purchasing an additional 200 shares in the last quarter. Prime Capital Investment Advisors LLC acquired a new position in NEOS Nasdaq 100 High Income ETF during the third quarter worth $252,000. NFSG Corp raised its holdings in NEOS Nasdaq 100 High Income ETF by 4.2% during the third quarter. NFSG Corp now owns 71,420 shares of the company’s stock worth $3,967,000 after purchasing an additional 2,863 shares during the last quarter. CoreCap Advisors LLC raised its holdings in NEOS Nasdaq 100 High Income ETF by 35.7% during the third quarter. CoreCap Advisors LLC now owns 38,877 shares of the company’s stock worth $2,160,000 after purchasing an additional 10,234 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in NEOS Nasdaq 100 High Income ETF by 17.2% during the third quarter. Valeo Financial Advisors LLC now owns 4,252 shares of the company’s stock worth $236,000 after purchasing an additional 625 shares in the last quarter.

NEOS Nasdaq 100 High Income ETF Stock Performance

QQQI opened at $52.59 on Friday. The company has a market cap of $14.63 billion, a price-to-earnings ratio of 32.88 and a beta of 0.94. NEOS Nasdaq 100 High Income ETF has a one year low of $47.87 and a one year high of $57.84. The business’s fifty day moving average is $54.88 and its two-hundred day moving average is $54.97.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Wednesday, October 21st will be paid a dividend of $0.6343 per share. This is a boost from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.6339. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $7.61 annualized dividend and a dividend yield of 14.5%.

NEOS Nasdaq 100 High Income ETF Profile

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.