REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) to Issue $0.19 Dividend

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) declared a dividend on Wednesday, May 20th, NASDAQ Dividends reports. Investors of record on Thursday, May 21st will be paid a dividend of 0.185 per share by the technology company on Friday, May 22nd. The ex-dividend date is Thursday, May 21st.

REX IncomeMax Option Strategy ETF Trading Up 8.5%

NASDAQ ULTI traded up $1.12 during trading on Thursday, reaching $14.34. 111,598 shares of the stock traded hands, compared to its average volume of 74,989. The firm has a market cap of $28.68 million, a price-to-earnings ratio of 6.93, a price-to-earnings-growth ratio of 6.51 and a beta of 4.14. The stock’s 50-day moving average price is $13.12 and its 200 day moving average price is $17.43. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.01. REX IncomeMax Option Strategy ETF has a fifty-two week low of $10.95 and a fifty-two week high of $26.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. OLD Mission Capital LLC acquired a new position in REX IncomeMax Option Strategy ETF in the fourth quarter valued at about $142,000. Jane Street Group LLC acquired a new position in REX IncomeMax Option Strategy ETF in the fourth quarter valued at about $264,000. Finally, Apollon Wealth Management LLC acquired a new position in REX IncomeMax Option Strategy ETF in the first quarter valued at about $431,000. 91.20% of the stock is owned by institutional investors and hedge funds.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.