REX FANG & Innovation Equity Premium Income ETF (FEPI) To Go Ex-Dividend on July 22nd

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, July 21st, NASDAQ Dividends reports. Investors of record on Wednesday, July 22nd will be given a dividend of 0.1978 per share on Thursday, July 23rd. The ex-dividend date is Wednesday, July 22nd.

REX FANG & Innovation Equity Premium Income ETF Price Performance

Shares of FEPI opened at $41.32 on Thursday. The business has a 50-day moving average of $43.56 and a 200-day moving average of $43.06. The company has a market capitalization of $673.52 million, a price-to-earnings ratio of 41.27 and a beta of 1.08. REX FANG & Innovation Equity Premium Income ETF has a 1 year low of $37.90 and a 1 year high of $49.68.

Hedge Funds Weigh In On REX FANG & Innovation Equity Premium Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in FEPI. Arlington Trust Co LLC bought a new stake in shares of REX FANG & Innovation Equity Premium Income ETF during the second quarter worth about $65,000. CoreCap Advisors LLC bought a new position in REX FANG & Innovation Equity Premium Income ETF in the 2nd quarter valued at about $233,000. Janney Montgomery Scott LLC lifted its position in REX FANG & Innovation Equity Premium Income ETF by 43.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 110,645 shares of the company’s stock valued at $4,389,000 after acquiring an additional 33,288 shares in the last quarter. Private Wealth Asset Management LLC acquired a new position in REX FANG & Innovation Equity Premium Income ETF during the 4th quarter valued at about $36,000. Finally, SBI Securities Co. Ltd. boosted its stake in REX FANG & Innovation Equity Premium Income ETF by 21.9% during the 4th quarter. SBI Securities Co. Ltd. now owns 55,257 shares of the company’s stock valued at $2,440,000 after purchasing an additional 9,934 shares during the last quarter.

About REX FANG & Innovation Equity Premium Income ETF

The REX FANG & Innovation Equity Premium Income ETF (FEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking to provide similar returns as the Solactive FANG Innovation Index and monthly income. The fund invests in the securities comprising the index while writing call options on them. FEPI was launched on Oct 9, 2023 and is issued by REX.