REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Announces Dividend of $0.25

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) declared a dividend on Tuesday, September 1st. Investors of record on Wednesday, September 2nd will be paid a dividend of 0.2515 per share on Thursday, September 3rd. This represents a dividend yield of 4,233.0%. The ex-dividend date of this dividend is Wednesday, September 2nd.

REX Crypto Equity Premium Income ETF Stock Performance

Shares of NASDAQ CEPI traded up $0.22 during mid-day trading on Wednesday, reaching $30.90. The company had a trading volume of 33,092 shares, compared to its average volume of 43,437. The firm has a market cap of $110.31 million, a price-to-earnings ratio of 33.99 and a beta of 1.72. The business’s 50-day simple moving average is $31.89 and its 200 day simple moving average is $32.21. REX Crypto Equity Premium Income ETF has a one year low of $26.98 and a one year high of $43.70.

Hedge Funds Weigh In On REX Crypto Equity Premium Income ETF

A hedge fund recently raised its stake in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. increased its position in shares of REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 77.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,871 shares of the company’s stock after acquiring an additional 11,686 shares during the period. SBI Securities Co. Ltd. owned about 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 as of its most recent filing with the Securities and Exchange Commission.

REX Crypto Equity Premium Income ETF Company Profile

The REX Crypto Equity Premium Income ETF (CEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in crypto-related and digital payment solutions stocks selected from the 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. CEPI was launched on Dec 4, 2024 and is issued by REX Shares.