REX FANG & Innovation Equity Premium Income ETF (FEPI) To Go Ex-Dividend on July 29th

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, July 28th, NASDAQ Dividends reports. Investors of record on Wednesday, July 29th will be given a dividend of 0.192 per share on Thursday, July 30th. The ex-dividend date is Wednesday, July 29th.

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

FEPI opened at $37.98 on Thursday. The firm has a market cap of $626.67 million, a P/E ratio of 41.27 and a beta of 1.08. The business’s fifty day simple moving average is $43.02 and its 200 day simple moving average is $42.84. REX FANG & Innovation Equity Premium Income ETF has a 52 week low of $37.90 and a 52 week high of $49.68.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its position in REX FANG & Innovation Equity Premium Income ETF by 19.1% during the fourth quarter. Farther Finance Advisors LLC now owns 3,734 shares of the company’s stock worth $170,000 after buying an additional 600 shares during the period. Private Wealth Asset Management LLC purchased a new position in shares of REX FANG & Innovation Equity Premium Income ETF during the 4th quarter worth about $36,000. Arlington Trust Co LLC purchased a new position in shares of REX FANG & Innovation Equity Premium Income ETF during the 2nd quarter worth about $65,000. CoreCap Advisors LLC acquired a new stake in shares of REX FANG & Innovation Equity Premium Income ETF in the second quarter worth approximately $233,000. Finally, SBI Securities Co. Ltd. boosted 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 acquiring 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.