SBI Securities Co. Ltd. Makes New $2.05 Million Investment in NEOS Nasdaq 100 High Income ETF $QQQI

SBI Securities Co. Ltd. acquired a new stake in NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 37,988 shares of the company’s stock, valued at approximately $2,046,000.

Other hedge funds also recently made changes to their positions in the company. FSA Advisors Inc. lifted its position in shares of NEOS Nasdaq 100 High Income ETF by 80.5% during the fourth quarter. FSA Advisors Inc. now owns 55,410 shares of the company’s stock worth $2,984,000 after purchasing an additional 24,719 shares in the last quarter. Chung Wu Investment Group LLC boosted its stake in shares of NEOS Nasdaq 100 High Income ETF by 15.0% in the fourth quarter. Chung Wu Investment Group LLC now owns 114,456 shares of the company’s stock valued at $6,165,000 after purchasing an additional 14,940 shares during the period. Strategic Blueprint LLC acquired a new stake in NEOS Nasdaq 100 High Income ETF during the 4th quarter valued at $427,000. Oakworth Capital Inc. purchased a new stake in NEOS Nasdaq 100 High Income ETF during the 4th quarter worth $388,000. Finally, Kingswood Wealth Advisors LLC increased its stake in NEOS Nasdaq 100 High Income ETF by 19.9% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 8,943 shares of the company’s stock worth $482,000 after buying an additional 1,486 shares during the period.

NEOS Nasdaq 100 High Income ETF Price Performance

Shares of QQQI stock opened at $55.72 on Thursday. The company’s fifty day moving average price is $52.08 and its two-hundred day moving average price is $53.39. The firm has a market capitalization of $11.29 billion, a P/E ratio of 32.88 and a beta of 0.91. NEOS Nasdaq 100 High Income ETF has a 12 month low of $47.82 and a 12 month high of $55.93.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 24th. Investors of record on Wednesday, April 22nd were paid a $0.6297 dividend. This represents a c) annualized dividend and a dividend yield of 13.6%. This is a positive change from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.61. The ex-dividend date was Wednesday, April 22nd.

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.