The Neos Nasdaq-100 High Income ETF (QQQI) has experienced a significant inflow of approximately $205.1 million, marking an 8.6% week-over-week increase in outstanding units, from 46,130,000 to 50,100,000. This change was recorded during the current trading week.
As of the last trade, QQQI’s share price stands at $51.81, which is within its 52-week range of $41.17 to $54.47. Notable underlying components include Broadcom Inc (AVGO), which is up 1.1%, Amazon.com Inc (AMZN), down 0.1%, and Meta Platforms Inc (META), relatively unchanged.
The recent uptick in inflows could impact the underlying components of the ETF as new units are created to meet investor demand.