Oakworth Capital Inc. Purchases 13,488 Shares of NEOS Nasdaq 100 High Income ETF $QQQI

Oakworth Capital Inc. acquired a new position in NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,488 shares of the company’s stock, valued at approximately $749,000.

Several other large investors also recently modified their holdings of the stock. City State Bank raised 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 acquiring an additional 200 shares during the period. Roble Belko & Company Inc lifted its position in NEOS Nasdaq 100 High Income ETF by 65.9% in the 2nd quarter. Roble Belko & Company Inc now owns 549 shares of the company’s stock worth $31,000 after buying an additional 218 shares during the last quarter. Capital Planning LLC grew its holdings in shares of NEOS Nasdaq 100 High Income ETF by 3.2% during the 1st quarter. Capital Planning LLC now owns 9,617 shares of the company’s stock valued at $478,000 after purchasing an additional 295 shares during the last quarter. Valeo Financial Advisors LLC grew its stake in shares of 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 valued at $236,000 after buying an additional 625 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in NEOS Nasdaq 100 High Income ETF in the 3rd quarter worth approximately $39,000.

NEOS Nasdaq 100 High Income ETF Trading Up 1.2%

QQQI stock opened at $53.81 on Wednesday. NEOS Nasdaq 100 High Income ETF has a 12-month low of $47.87 and a 12-month high of $57.84. The stock has a market capitalization of $15.40 billion, a price-to-earnings ratio of 32.88 and a beta of 0.94. The firm’s 50-day moving average price is $54.75 and its two-hundred day moving average price is $54.18.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Wednesday, October 21st were given a dividend of $0.6343 per share. This is an increase from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.6339. This represents a $7.61 annualized dividend and a dividend yield of 14.1%. The ex-dividend date was Wednesday, October 21st.

About NEOS Nasdaq 100 High Income ETF

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.