The Neos Nasdaq-100 High Income ETF (Symbol: QQQI) experienced a significant inflow of approximately $260.7 million, marking a 1.9% week-over-week increase in outstanding units, from 257,180,000 to 261,940,000. This movement in shares was reported today and indicates growing investor interest.
As of the latest trading session, QQQI is priced at $54.74, positioned between its 52-week low of $47.87 and high of $57.84. Among its notable holdings, Meta Platforms Inc (META) rose by 0.9%, while Palo Alto Networks, Inc (PANW) fell by 5.9%, and Texas Instruments Inc. (TXN) decreased by 1.6%.
ETFs, like QQQI, trade similarly to stocks but involve “units” that can be created or destroyed based on demand, impacting the underlying assets held within.
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