NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Hits New 52-Week Low – Here’s What Happened

Posted by Bonnie Powley on Apr 4th, 2025

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI – Get Free Report) shares reached a new 52-week low on Friday . The company traded as low as $44.90 and last traded at $44.90, with a volume of 40441 shares trading hands. The stock had previously closed at $45.88.

NEOS Nasdaq 100 High Income ETF Trading Down 4.6 %

The stock has a 50 day simple moving average of $51.08 and a 200-day simple moving average of $51.88. The firm has a market cap of $692.72 million, a PE ratio of 31.08 and a beta of 1.09.

NEOS Nasdaq 100 High Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 28th. Shareholders of record on Wednesday, March 26th were paid a $0.5867 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $7.04 annualized dividend and a yield of 16.09%.

Hedge Funds Weigh In On NEOS Nasdaq 100 High Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. AdvisorNet Financial Inc purchased a new position in shares of NEOS Nasdaq 100 High Income ETF during the fourth quarter valued at about $30,000. Private Trust Co. NA purchased a new stake in NEOS Nasdaq 100 High Income ETF during the fourth quarter valued at $105,000. Creative Financial Designs Inc. ADV lifted its position in NEOS Nasdaq 100 High Income ETF by 26.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 4,767 shares of the company’s stock valued at $250,000 after purchasing an additional 993 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of NEOS Nasdaq 100 High Income ETF by 24.8% in the 4th quarter. Ameriprise Financial Inc. now owns 33,604 shares of the company’s stock worth $1,760,000 after buying an additional 6,683 shares in the last quarter.

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.