REX AI Equity Premium Income ETF (AIPI) To Go Ex-Dividend on September 16th

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, September 15th. Investors of record on Wednesday, September 16th will be given a dividend of 0.2448 per share on Thursday, September 17th. This represents a yield of 3,494.0%. The ex-dividend date is Wednesday, September 16th.

REX AI Equity Premium Income ETF Price Performance

REX AI Equity Premium Income ETF stock opened at $36.43 on Thursday. The company has a market cap of $426.23 million, a price-to-earnings ratio of 41.65 and a beta of 1.13. The firm has a 50-day moving average of $36.35 and a 200-day moving average of $36.34. REX AI Equity Premium Income ETF has a one year low of $32.21 and a one year high of $45.08.

Hedge Funds Weigh In On REX AI Equity Premium Income ETF

An institutional investor recently raised its stake in REX AI Equity Premium Income ETF stock. Janney Montgomery Scott LLC increased its holdings in shares of REX AI Equity Premium Income ETF (NASDAQ:AIPI) by 51.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,367 shares of the company’s stock after acquiring an additional 2,832 shares during the quarter. Janney Montgomery Scott LLC owned about 0.08% of REX AI Equity Premium Income ETF worth $281,000 as of its most recent SEC filing.

REX AI Equity Premium Income ETF Company Profile

The REX AI Equity Premium Income ETF (AIPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in leading Artificial Intelligence (AI) companies selected from the holdings of the BITA AI Leaders Select Index. The fund seeks to generate income by writing covered call options on its holdings, aiming for capital growth and current income, while maintaining the flexibility to adapt based on market conditions AIPI was launched on Jun 4, 2024 and is issued by REX Shares.