Bogart Wealth LLC Raises Stake in NEOS Nasdaq 100 High Income ETF $QQQI

Bogart Wealth LLC increased its stake in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) by 2,465.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 17,599 shares of the company’s stock after buying an additional 16,913 shares during the quarter. Bogart Wealth LLC’s holdings in NEOS Nasdaq 100 High Income ETF were worth $874,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in QQQI. Chung Wu Investment Group LLC raised its position in 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 worth $6,165,000 after acquiring an additional 14,940 shares during the period. SG Americas Securities LLC purchased a new stake in shares of NEOS Nasdaq 100 High Income ETF during the 1st quarter worth approximately $3,727,000. PSI Advisors LLC increased its stake in shares of NEOS Nasdaq 100 High Income ETF by 48.9% during the 4th quarter. PSI Advisors LLC now owns 68,777 shares of the company’s stock worth $3,704,000 after purchasing an additional 22,593 shares during the last quarter. FSA Advisors Inc. raised its holdings in shares of NEOS Nasdaq 100 High Income ETF by 80.5% in the 4th 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 during the period. Finally, NewEdge Advisors LLC lifted its stake in NEOS Nasdaq 100 High Income ETF by 667.6% in the third quarter. NewEdge Advisors LLC now owns 52,887 shares of the company’s stock valued at $2,866,000 after purchasing an additional 45,997 shares during the last quarter.

NEOS Nasdaq 100 High Income ETF Trading Up 1.3%

NEOS Nasdaq 100 High Income ETF stock opened at $56.07 on Tuesday. The business’s 50 day simple moving average is $55.97 and its 200 day simple moving average is $53.91. 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 cap of $12.90 billion, a price-to-earnings ratio of 32.88 and a beta of 0.92.

NEOS Nasdaq 100 High Income ETF Increases Dividend

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

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.