REX FANG & Innovation Equity Premium Income ETF (FEPI) To Go Ex-Dividend on July 8th

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, July 7th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 8th will be paid a dividend of 0.2064 per share on Thursday, July 9th. The ex-dividend date is Wednesday, July 8th.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

Shares of NASDAQ FEPI opened at $41.86 on Thursday. The company has a market cap of $664.74 million, a P/E ratio of 41.27 and a beta of 1.08. REX FANG & Innovation Equity Premium Income ETF has a 52-week low of $37.90 and a 52-week high of $49.68. The firm’s fifty day moving average is $43.99 and its two-hundred day moving average is $43.36.

Institutional Investors Weigh In On REX FANG & Innovation Equity Premium Income ETF

Hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its stake in REX FANG & Innovation Equity Premium Income ETF by 43.0% during the first quarter. Janney Montgomery Scott LLC now owns 110,645 shares of the company’s stock valued at $4,389,000 after buying an additional 33,288 shares during the last quarter. CoreCap Advisors LLC increased its stake in REX FANG & Innovation Equity Premium Income ETF by 8.1% in the 4th quarter. CoreCap Advisors LLC now owns 10,037 shares of the company’s stock worth $457,000 after acquiring an additional 755 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of REX FANG & Innovation Equity Premium Income ETF by 19.1% during the 4th quarter. Farther Finance Advisors LLC now owns 3,734 shares of the company’s stock worth $170,000 after acquiring an additional 600 shares in the last quarter. Private Wealth Asset Management LLC purchased a new stake in shares of REX FANG & Innovation Equity Premium Income ETF during the 4th quarter worth approximately $36,000. Finally, Arlington Trust Co LLC bought a new position in shares of REX FANG & Innovation Equity Premium Income ETF during the 2nd quarter valued at approximately $65,000.

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.