NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Plans $0.40 Monthly Dividend

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) declared a monthly dividend on Tuesday, February 24th, NASDAQ Dividends reports. Shareholders of record on Wednesday, February 25th will be paid a dividend of 0.3992 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date is Wednesday, February 25th.

NEOS Nasdaq-100 Hedged Equity Income ETF Stock Performance

Shares of NASDAQ:QQQH traded up $0.08 during trading on Wednesday, reaching $53.83. 32,769 shares of the stock traded hands, compared to its average volume of 32,610. The stock has a market cap of $356.35 million, a P/E ratio of 30.94 and a beta of 0.62. The stock has a 50-day moving average of $54.25 and a two-hundred day moving average of $54.27. NEOS Nasdaq-100 Hedged Equity Income ETF has a 52-week low of $43.02 and a 52-week high of $55.90.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Garton & Associates Financial Advisors LLC bought a new stake in shares of NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 902 shares of the company’s stock, valued at approximately $49,000.

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. QQQH was launched on Dec 19, 2019 and is issued by Neos.