REX Crypto Equity Premium Income ETF Plans Monthly Dividend of $1.23 (NASDAQ:CEPI)

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) declared a monthly dividend on Tuesday, November 25th, NASDAQ Dividends reports. Investors of record on Wednesday, November 26th will be given a dividend of 1.2282 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 42.3%. The ex-dividend date of this dividend is Wednesday, November 26th.

REX Crypto Equity Premium Income ETF Price Performance

CEPI stock traded down $0.52 during midday trading on Wednesday, reaching $34.85. The company had a trading volume of 82,381 shares, compared to its average volume of 32,653. REX Crypto Equity Premium Income ETF has a 1-year low of $31.35 and a 1-year high of $52.16. The stock has a 50 day moving average price of $40.02 and a 200-day moving average price of $39.89. The company has a market capitalization of $70.40 million, a price-to-earnings ratio of 33.99 and a beta of 2.24.

Hedge Funds Weigh In On REX Crypto Equity Premium Income ETF

An institutional investor recently raised its position in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. grew its holdings in shares of REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 275.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 18,708 shares of the company’s stock after acquiring an additional 13,731 shares during the period. SBI Securities Co. Ltd. owned about 1.26% of REX Crypto Equity Premium Income ETF worth $754,000 as of its most recent SEC filing.

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.