REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) to Issue Dividend of $0.20

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, August 4th, NASDAQ Dividends reports. Investors of record on Wednesday, August 5th will be given a dividend of 0.1954 per share on Thursday, August 6th. The ex-dividend date is Wednesday, August 5th. This is a 1.8% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.19.

REX FANG & Innovation Equity Premium Income ETF Trading Up 3.5%

Shares of NASDAQ FEPI opened at $41.72 on Wednesday. The stock has a market cap of $688.38 million, a price-to-earnings ratio of 41.27 and a beta of 1.10. REX FANG & Innovation Equity Premium Income ETF has a 52 week low of $37.90 and a 52 week high of $49.68. The company’s 50-day moving average price is $42.62 and its 200 day moving average price is $42.69.

Institutional Trading of REX FANG & Innovation Equity Premium Income ETF

Large investors have recently modified their holdings of the business. Private Wealth Asset Management LLC purchased a new position in shares of REX FANG & Innovation Equity Premium Income ETF during the 4th quarter worth approximately $36,000. Arlington Trust Co LLC purchased a new stake in REX FANG & Innovation Equity Premium Income ETF in the 2nd quarter valued at approximately $65,000. Farther Finance Advisors LLC lifted its stake in REX FANG & Innovation Equity Premium Income ETF by 19.1% in the 4th quarter. Farther Finance Advisors LLC now owns 3,734 shares of the company’s stock valued at $170,000 after buying an additional 600 shares in the last quarter. CoreCap Advisors LLC acquired a new stake in REX FANG & Innovation Equity Premium Income ETF during the 2nd quarter valued at $233,000. Finally, SBI Securities Co. Ltd. grew its holdings in REX FANG & Innovation Equity Premium Income ETF by 21.9% during the 4th quarter. SBI Securities Co. Ltd. now owns 55,257 shares of the company’s stock valued at $2,440,000 after buying an additional 9,934 shares during the last quarter.

REX FANG & Innovation Equity Premium Income ETF Company Profile

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.