Private Trust Co. NA Raises Stock Position in NEOS Nasdaq 100 High Income ETF $QQQI

Private Trust Co. NA increased its holdings in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) by 11.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 3,874 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Private Trust Co. NA’s holdings in NEOS Nasdaq 100 High Income ETF were worth $201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Capital & Planning LLC purchased a new position in shares of NEOS Nasdaq 100 High Income ETF during the second quarter worth $246,000. Nations Financial Group Inc. IA ADV purchased a new position in NEOS Nasdaq 100 High Income ETF in the first quarter valued at $387,000. AdvisorNet Financial Inc increased its holdings in NEOS Nasdaq 100 High Income ETF by 356.7% in the second quarter. AdvisorNet Financial Inc now owns 8,266 shares of the company’s stock valued at $430,000 after buying an additional 6,456 shares in the last quarter. Finally, NewEdge Advisors LLC purchased a new position in NEOS Nasdaq 100 High Income ETF in the first quarter valued at $113,000.

NEOS Nasdaq 100 High Income ETF Stock Performance

QQQI opened at $55.09 on Wednesday. NEOS Nasdaq 100 High Income ETF has a fifty-two week low of $41.17 and a fifty-two week high of $55.18. The company has a fifty day moving average of $53.81 and a two-hundred day moving average of $51.45. The stock has a market capitalization of $5.66 billion, a price-to-earnings ratio of 32.88 and a beta of 1.09.

NEOS Nasdaq 100 High Income ETF Dividend Announcement

The company also recently disclosed a — dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were issued a $0.6411 dividend. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a yield of 1,360.0%.

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.