The Neos Nasdaq-100 High Income ETF (QQQI) experienced approximately $267.5 million in inflows, marking a 9.4% increase in outstanding units, rising from 53,550,000 to 58,590,000. This change was recorded week-over-week.
As of the latest trading session, QQQI’s share price stands at $52.79, situated between its 52-week low of $41.17 and high of $54.47. Major underlying components include Advanced Micro Devices Inc (AMD), which decreased by 3.5%, Texas Instruments Inc. (TXN) with a 0.7% drop, and Amgen Inc (AMGN), which saw an increase of 1.8%.
ETFs, including QQQI, involve trading units, which can be created or destroyed based on investor demand, thereby impacting the component holdings within the ETF.
