Sound Income Strategies LLC Buys New Shares in NEOS Nasdaq 100 High Income ETF $QQQI

Sound Income Strategies LLC acquired a new position in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,366 shares of the company’s stock, valued at approximately $672,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. SOA Wealth Advisors LLC. boosted its position in shares of NEOS Nasdaq 100 High Income ETF by 25.0% during the 4th quarter. SOA Wealth Advisors LLC. now owns 1,251 shares of the company’s stock worth $67,000 after purchasing an additional 250 shares in the last quarter. Jaffetilchin Investment Partners LLC bought a new position in shares of NEOS Nasdaq 100 High Income ETF during the 4th quarter worth about $232,000. CoreCap Advisors LLC boosted its position in shares of NEOS Nasdaq 100 High Income ETF by 22.8% during the 4th quarter. CoreCap Advisors LLC now owns 13,985 shares of the company’s stock worth $753,000 after purchasing an additional 2,598 shares in the last quarter. Aventura Private Wealth LLC bought a new position in shares of NEOS Nasdaq 100 High Income ETF during the 4th quarter worth about $1,326,000. Finally, Sunbelt Securities Inc. bought a new position in shares of NEOS Nasdaq 100 High Income ETF during the 3rd quarter worth about $243,000.

NEOS Nasdaq 100 High Income ETF Price Performance

QQQI stock opened at $50.51 on Wednesday. The stock has a market capitalization of $9.47 billion, a PE ratio of 32.88 and a beta of 0.88. The company’s 50-day moving average is $51.89 and its 200-day moving average is $53.50. NEOS Nasdaq 100 High Income ETF has a 1 year low of $41.93 and a 1 year high of $55.93.

NEOS Nasdaq 100 High Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, March 20th. Stockholders of record on Wednesday, March 18th were given a dividend of $0.6089 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.5%. The ex-dividend date of this dividend was Wednesday, March 18th.

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.