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

by · The Markets Daily

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Get Free Report) announced a dividend on Tuesday, September 15th. Stockholders of record on Wednesday, September 16th will be given a dividend of 0.2044 per share on Thursday, September 17th. This represents a dividend yield of 2,539.0%. The ex-dividend date of this dividend is Wednesday, September 16th.

REX FANG & Innovation Equity Premium Income ETF Trading Down 0.7%

Shares of FEPI stock opened at $41.87 on Wednesday. The stock has a market capitalization of $690.86 million, a P/E ratio of 41.27 and a beta of 1.11. The firm’s 50 day moving average is $41.55 and its 200 day moving average is $42.42. REX FANG & Innovation Equity Premium Income ETF has a 12 month low of $37.90 and a 12 month high of $49.68.

Institutional Investors Weigh In On REX FANG & Innovation Equity Premium Income ETF

Several institutional investors have recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its stake in REX FANG & Innovation Equity Premium Income ETF by 43.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 110,645 shares of the company’s stock worth $4,389,000 after purchasing an additional 33,288 shares during the period. CoreCap Advisors LLC bought a new stake in REX FANG & Innovation Equity Premium Income ETF during the 2nd quarter worth approximately $233,000. Arlington Trust Co LLC bought a new stake in REX FANG & Innovation Equity Premium Income ETF during the 2nd quarter worth approximately $65,000. Finally, Private Wealth Asset Management LLC bought a new stake in REX FANG & Innovation Equity Premium Income ETF during the 4th quarter worth approximately $36,000.

About REX FANG & Innovation Equity Premium Income ETF

(Get Free Report)

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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