REX AI Equity Premium Income ETF (NASDAQ:AIPI – Get Free Report) declared a dividend on Tuesday, August 18th, NASDAQ Dividends reports. Shareholders of record on Wednesday, August 19th will be given a dividend of 0.2497 per share on Thursday, August 20th. The ex-dividend date of this dividend is Wednesday, August 19th. This is a 0.2% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.25.
REX AI Equity Premium Income ETF Stock Down 1.3%
AIPI opened at $36.58 on Thursday. The firm’s fifty day simple moving average is $36.34 and its two-hundred day simple moving average is $36.30. REX AI Equity Premium Income ETF has a 52-week low of $32.21 and a 52-week high of $45.08. The company has a market cap of $427.99 million, a price-to-earnings ratio of 41.65 and a beta of 1.09.
Institutional Inflows and Outflows
A hedge fund recently raised its position in REX AI Equity Premium Income ETF stock. Janney Montgomery Scott LLC raised its position in REX AI Equity Premium Income ETF (NASDAQ:AIPI – Free Report) by 51.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,367 shares of the company’s stock after buying an additional 2,832 shares during the period. Janney Montgomery Scott LLC owned about 0.08% of REX AI Equity Premium Income ETF worth $281,000 at the end of the most recent reporting period.
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.
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