NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Raises Dividend to $0.40 Per Share

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) declared a dividend on Tuesday, July 28th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 29th will be given a dividend of 0.4023 per share on Friday, July 31st. The ex-dividend date of this dividend is Wednesday, July 29th. This is a 2.5% increase from NEOS Nasdaq-100 Hedged Equity Income ETF’s previous dividend of $0.39.

NEOS Nasdaq-100 Hedged Equity Income ETF Trading Down 1.9%

Shares of NASDAQ:QQQH traded down $1.00 during trading on Wednesday, hitting $52.36. 39,704 shares of the company were exchanged, compared to its average volume of 30,596. The stock has a market cap of $366.00 million, a price-to-earnings ratio of 30.94 and a beta of 0.68. NEOS Nasdaq-100 Hedged Equity Income ETF has a fifty-two week low of $50.08 and a fifty-two week high of $56.76. The firm has a fifty day moving average price of $55.32 and a two-hundred day moving average price of $54.23.

Hedge Funds Weigh In On NEOS Nasdaq-100 Hedged Equity Income ETF

A hedge fund recently raised its stake in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Advisory Services Network LLC boosted its position in shares of NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,407 shares of the company’s stock after acquiring an additional 199 shares during the quarter. Advisory Services Network LLC owned 0.17% of NEOS Nasdaq-100 Hedged Equity Income ETF worth $619,000 at the end of the most recent reporting period.

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.