REX AI Equity Premium Income ETF (AIPI) To Go Ex-Dividend on July 22nd

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, July 21st, NASDAQ Dividends reports. Investors of record on Wednesday, July 22nd will be given a dividend of 0.2355 per share on Thursday, July 23rd. The ex-dividend date of this dividend is Wednesday, July 22nd.

REX AI Equity Premium Income ETF Stock Down 1.2%

AIPI opened at $35.15 on Thursday. The firm’s 50 day moving average is $37.21 and its 200-day moving average is $36.82. REX AI Equity Premium Income ETF has a 52-week low of $32.21 and a 52-week high of $45.08. The firm has a market capitalization of $413.01 million, a P/E ratio of 41.65 and a beta of 1.08.

Hedge Funds Weigh In On REX AI Equity Premium Income ETF

Several large investors have recently added to or reduced their stakes in AIPI. Janney Montgomery Scott LLC purchased a new position in REX AI Equity Premium Income ETF in the 4th quarter worth about $222,000. SBI Securities Co. Ltd. lifted its position in shares of REX AI Equity Premium Income ETF by 45.9% in the 4th quarter. SBI Securities Co. Ltd. now owns 17,519 shares of the company’s stock valued at $702,000 after acquiring an additional 5,510 shares in the last quarter. Finally, ORG Partners LLC acquired a new position in REX AI Equity Premium Income ETF in the 4th quarter worth approximately $60,000.

REX AI Equity Premium Income ETF Company Profile

The REX AI Equity Premium Income ETF (AIPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in leading Artificial Intelligence (AI) companies selected from the holdings of the BITA AI Leaders Select 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 AIPI was launched on Jun 4, 2024 and is issued by REX Shares.