REX FANG & Innovation Equity Premium Income ETF (FEPI) to Issue Dividend of $0.21 on June 11th

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, June 9th, NASDAQ Dividends reports. Stockholders of record on Wednesday, June 10th will be paid a dividend of 0.2133 per share on Thursday, June 11th. The ex-dividend date is Wednesday, June 10th.

REX FANG & Innovation Equity Premium Income ETF Stock Down 2.4%

Shares of FEPI opened at $42.95 on Thursday. The business’s 50-day moving average price is $43.58 and its 200-day moving average price is $43.77. The stock has a market cap of $645.11 million, a PE ratio of 41.27 and a beta of 1.05. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $37.90 and a twelve month high of $49.68.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. CoreCap Advisors LLC increased its position in shares of REX FANG & Innovation Equity Premium Income ETF by 8.1% in the fourth quarter. CoreCap Advisors LLC now owns 10,037 shares of the company’s stock worth $457,000 after purchasing an additional 755 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of REX FANG & Innovation Equity Premium Income ETF by 19.1% in the fourth quarter. Farther Finance Advisors LLC now owns 3,734 shares of the company’s stock worth $170,000 after purchasing an additional 600 shares during the last quarter. SBI Securities Co. Ltd. increased its position in shares of REX FANG & Innovation Equity Premium Income ETF by 21.9% in the fourth quarter. SBI Securities Co. Ltd. now owns 55,257 shares of the company’s stock worth $2,440,000 after purchasing an additional 9,934 shares during the last quarter. Private Wealth Asset Management LLC bought a new position in shares of REX FANG & Innovation Equity Premium Income ETF in the fourth quarter worth approximately $36,000. Finally, Janney Montgomery Scott LLC increased its position in shares of REX FANG & Innovation Equity Premium Income ETF by 43.0% in the first quarter. Janney Montgomery Scott LLC now owns 110,645 shares of the company’s stock worth $4,389,000 after purchasing an additional 33,288 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.