SG Americas Securities LLC Makes New Investment in NEOS Nasdaq 100 High Income ETF $QQQI

SG Americas Securities LLC bought a new stake in NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 75,000 shares of the company’s stock, valued at approximately $3,727,000.

Other institutional investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its stake in shares of NEOS Nasdaq 100 High Income ETF by 2.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 9,811 shares of the company’s stock valued at $528,000 after buying an additional 233 shares during the last quarter. SOA Wealth Advisors LLC. increased its stake in shares of NEOS Nasdaq 100 High Income ETF by 25.0% in the fourth quarter. SOA Wealth Advisors LLC. now owns 1,251 shares of the company’s stock worth $67,000 after buying an additional 250 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of NEOS Nasdaq 100 High Income ETF by 66.8% in the fourth quarter. Russell Investments Group Ltd. now owns 709 shares of the company’s stock worth $38,000 after buying an additional 284 shares during the last quarter. Novak & Powell Financial Services Inc. raised its holdings in NEOS Nasdaq 100 High Income ETF by 5.2% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 6,100 shares of the company’s stock valued at $329,000 after acquiring an additional 300 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. raised its holdings in NEOS Nasdaq 100 High Income ETF by 806.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 453 shares of the company’s stock valued at $25,000 after acquiring an additional 403 shares in the last quarter.

NEOS Nasdaq 100 High Income ETF Price Performance

NASDAQ QQQI opened at $55.97 on Tuesday. NEOS Nasdaq 100 High Income ETF has a 12 month low of $47.87 and a 12 month high of $57.84. The company has a market capitalization of $11.34 billion, a price-to-earnings ratio of 32.88 and a beta of 0.93. The company’s fifty day moving average price is $55.74 and its two-hundred day moving average price is $53.86.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 18th. Stockholders of record on Tuesday, June 16th were paid a $0.6572 dividend. This is a boost from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.63. The ex-dividend date was Tuesday, June 16th. This represents a c) dividend on an annualized basis and a dividend yield of 14.1%.

About NEOS Nasdaq 100 High Income ETF

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.