AdvisorNet Financial Inc Has $430,000 Stock Holdings in NEOS Nasdaq 100 High Income ETF $QQQI

AdvisorNet Financial Inc lifted its stake in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) by 356.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,266 shares of the company’s stock after purchasing an additional 6,456 shares during the quarter. AdvisorNet Financial Inc’s holdings in NEOS Nasdaq 100 High Income ETF were worth $430,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Private Trust Co. NA raised its stake in NEOS Nasdaq 100 High Income ETF by 73.7% in the first quarter. Private Trust Co. NA now owns 3,474 shares of the company’s stock valued at $165,000 after purchasing an additional 1,474 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of NEOS Nasdaq 100 High Income ETF by 24.8% during the 4th quarter. Ameriprise Financial Inc. now owns 33,604 shares of the company’s stock worth $1,760,000 after acquiring an additional 6,683 shares during the period. City State Bank acquired a new stake in shares of NEOS Nasdaq 100 High Income ETF during the 1st quarter worth approximately $47,000. Nations Financial Group Inc. IA ADV bought a new position in NEOS Nasdaq 100 High Income ETF in the first quarter valued at approximately $387,000. Finally, NewEdge Advisors LLC acquired a new position in NEOS Nasdaq 100 High Income ETF during the first quarter valued at approximately $113,000.

NEOS Nasdaq 100 High Income ETF Stock Performance

Shares of QQQI stock opened at $53.88 on Thursday. NEOS Nasdaq 100 High Income ETF has a fifty-two week low of $41.17 and a fifty-two week high of $54.83. The stock’s fifty day moving average price is $53.22 and its two-hundred day moving average price is $50.62. The company has a market cap of $3.47 billion, a PE ratio of 32.88 and a beta of 1.09.

NEOS Nasdaq 100 High Income ETF Announces Dividend

The firm also recently announced a — dividend, which will be paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th will be paid a dividend of $0.6411 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This represents a yield of 1,360.0%.

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.