REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Get Free Report) saw an uptick in trading volume on Thursday. Approximately 405,568 shares changed hands during mid-day trading, an increase of 101% from the average daily volume of 202,243 shares. The stock last traded at $35.4920 and had previously closed at $38.28.
REX FANG & Innovation Equity Premium Income ETF Trading Up 1.8%
The company’s fifty day simple moving average is $41.74 and its 200 day simple moving average is $42.33. The stock has a market capitalization of $632.91 million, a P/E ratio of 41.27 and a beta of 1.13.
REX FANG & Innovation Equity Premium Income ETF Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, November 5th. Investors of record on Wednesday, November 4th were given a $0.1833 dividend. This represents a dividend yield of 2,490.0%. This is a drop from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.1964. The ex-dividend date was Wednesday, November 4th.
Hedge Funds Weigh In On REX FANG & Innovation Equity Premium Income ETF
An institutional investor recently bought a new position in REX FANG & Innovation Equity Premium Income ETF stock. Arlington Trust Co LLC bought a new position in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,500 shares of the company’s stock, valued at approximately $65,000.
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.
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