NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Trading Down 0.4% – What’s Next?

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) was down 0.4% on Monday . The company traded as low as $53.75 and last traded at $53.82. Approximately 25,421 shares changed hands during 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 stock’s 50 day simple moving average is $52.81 and its two-hundred day simple moving average is $53.94. The firm has a market cap of $360.59 million, a P/E ratio of 30.94 and a beta of 0.68.

NEOS Nasdaq-100 Hedged Equity Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 27th. Shareholders of record on Wednesday, March 25th were paid a dividend of $0.3923 per share. The ex-dividend date of this dividend was Wednesday, March 25th.

Hedge Funds Weigh In On NEOS Nasdaq-100 Hedged Equity Income ETF

A hedge fund recently bought a new stake in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Garton & Associates Financial Advisors LLC bought a new stake in shares of NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 902 shares of the company’s stock, valued at approximately $49,000.

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.