SG Americas Securities LLC Buys New Holdings in NEOS Nasdaq 100 High Income ETF $QQQI

SG Americas Securities LLC purchased a new stake in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 75,000 shares of the company’s stock, valued at approximately $3,727,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pin Oak Investment Advisors Inc. raised its holdings in shares of NEOS Nasdaq 100 High Income ETF by 806.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 453 shares of the company’s stock worth $25,000 after purchasing an additional 403 shares during the period. Hollencrest Capital Management purchased a new stake in shares of NEOS Nasdaq 100 High Income ETF during the 4th quarter worth about $28,000. Russell Investments Group Ltd. grew its holdings in shares of NEOS Nasdaq 100 High Income ETF by 66.8% during the 4th quarter. Russell Investments Group Ltd. now owns 709 shares of the company’s stock worth $38,000 after purchasing an additional 284 shares during the period. SOA Wealth Advisors LLC. increased its position in 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. Finally, NewEdge Advisors LLC acquired a new stake in NEOS Nasdaq 100 High Income ETF during the 1st quarter worth approximately $113,000.

NEOS Nasdaq 100 High Income ETF Stock Performance

NASDAQ QQQI opened at $55.97 on Tuesday. NEOS Nasdaq 100 High Income ETF has a one year low of $47.87 and a one year high of $57.84. The company’s 50 day moving average price is $55.74 and its 200 day moving average price is $53.86. The firm has a market capitalization of $11.34 billion, a price-to-earnings ratio of 32.88 and a beta of 0.93.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 18th. Stockholders of record on Tuesday, June 16th were given a $0.6572 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This is an increase from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.63. This represents a c) annualized dividend 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.