NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Trading Up 1% – Should You Buy?

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) was up 1% during trading on Thursday . The stock traded as high as $54.34 and last traded at $54.13. Approximately 15,341 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 22,087 shares. The stock had previously closed at $53.58.

NEOS Nasdaq-100 Hedged Equity Income ETF Stock Up 0.8%

The firm’s 50 day moving average is $54.60 and its two-hundred day moving average is $53.65. The stock has a market cap of $351.01 million, a price-to-earnings ratio of 30.94 and a beta of 0.62.

NEOS Nasdaq-100 Hedged Equity Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, November 28th. Investors of record on Wednesday, November 26th were issued a $0.4062 dividend. The ex-dividend date of this dividend was Wednesday, November 26th.

NEOS Nasdaq-100 Hedged Equity Income ETF Company Profile

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.