PSI Advisors LLC Increases Position in NEOS Nasdaq 100 High Income ETF $QQQI

PSI Advisors LLC increased its stake in NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) by 48.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,777 shares of the company’s stock after purchasing an additional 22,593 shares during the quarter. NEOS Nasdaq 100 High Income ETF accounts for 0.9% of PSI Advisors LLC’s investment portfolio, making the stock its 24th largest position. PSI Advisors LLC’s holdings in NEOS Nasdaq 100 High Income ETF were worth $3,704,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Pin Oak Investment Advisors Inc. increased 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 valued at $25,000 after purchasing an additional 403 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in shares of NEOS Nasdaq 100 High Income ETF in the 3rd quarter valued at about $56,000. SOA Wealth Advisors LLC. grew its stake in NEOS Nasdaq 100 High Income ETF by 25.0% in the 4th quarter. SOA Wealth Advisors LLC. now owns 1,251 shares of the company’s stock valued at $67,000 after acquiring an additional 250 shares during the last quarter. Anfield Capital Management LLC acquired a new stake in NEOS Nasdaq 100 High Income ETF in the 3rd quarter valued at about $101,000. Finally, NewEdge Advisors LLC acquired a new stake in NEOS Nasdaq 100 High Income ETF in the 1st quarter valued at about $113,000.

NEOS Nasdaq 100 High Income ETF Stock Performance

Shares of NASDAQ QQQI opened at $56.85 on Thursday. The stock has a market cap of $11.52 billion, a price-to-earnings ratio of 32.88 and a beta of 0.91. NEOS Nasdaq 100 High Income ETF has a 52 week low of $47.87 and a 52 week high of $57.01. The company’s 50-day moving average price is $53.31 and its 200 day moving average price is $53.53.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 22nd. Investors of record on Wednesday, May 20th were paid a $0.6589 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This is a positive change from NEOS Nasdaq 100 High Income ETF’s previous dividend of $0.64.

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.