NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Stock Price Down 1.3% – Time to Sell?

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH)’s share price traded down 1.3% during mid-day trading on Thursday . The company traded as low as $54.41 and last traded at $54.44. 13,465 shares changed hands during trading, a decline of 37% from the average session volume of 21,449 shares. The stock had previously closed at $55.13.

NEOS Nasdaq-100 Hedged Equity Income ETF Price Performance

The stock’s fifty day moving average price is $54.45 and its 200-day moving average price is $52.80. The firm has a market cap of $349.53 million, a PE ratio of 30.94 and a beta of 0.62.

NEOS Nasdaq-100 Hedged Equity Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 24th. Investors of record on Wednesday, October 22nd were paid a dividend of $0.4127 per share. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend was Wednesday, October 22nd.

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.