NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Trading Down 0.4% – Here’s What Happened
by Scott Moore · The Cerbat GemNEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH – Get Free Report) shares dropped 0.4% during trading on Monday . The stock traded as low as $53.75 and last traded at $53.82. Approximately 25,421 shares changed hands during mid-day trading, a decline of 15% from the average daily volume of 29,885 shares. The stock had previously closed at $54.01.
NEOS Nasdaq-100 Hedged Equity Income ETF Price Performance
The company has a market cap of $363.14 million, a PE ratio of 30.94 and a beta of 0.68. The company has a 50-day moving average of $52.82 and a 200 day moving average of $53.94.
NEOS Nasdaq-100 Hedged Equity Income ETF Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, March 27th. Investors of record on Wednesday, March 25th were given a $0.3923 dividend. The ex-dividend date was Wednesday, March 25th.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Advisory Services Network LLC increased its stake in NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH – Free Report) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,407 shares of the company’s stock after acquiring an additional 199 shares during the period. Advisory Services Network LLC owned approximately 0.17% of NEOS Nasdaq-100 Hedged Equity Income ETF worth $619,000 as of its most recent SEC filing.
About NEOS Nasdaq-100 Hedged Equity Income ETF
The NEOS Nasdaq 100 Hedged Equity Income ETF (QQQH) is an exchange-traded fund that mostly invests in large cap equity. NUSI is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection. QQQH was launched on Dec 19, 2019 and is issued by Neos.