REX AI Equity Premium Income ETF (AIPI) To Go Ex-Dividend on October 29th

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a monthly dividend on Tuesday, October 28th. Investors of record on Wednesday, October 29th will be given a dividend of 1.3033 per share on Thursday, October 30th. This represents a c) annualized dividend and a dividend yield of 35.8%. The ex-dividend date is Wednesday, October 29th. This is a 4.4% increase from REX AI Equity Premium Income ETF’s previous monthly dividend of $1.25.

REX AI Equity Premium Income ETF Stock Down 2.7%

AIPI stock opened at $43.72 on Thursday. The company’s 50-day simple moving average is $42.54 and its 200-day simple moving average is $42.27. REX AI Equity Premium Income ETF has a 52-week low of $33.68 and a 52-week high of $52.55. The firm has a market cap of $379.49 million, a P/E ratio of 41.65 and a beta of 1.10.

Hedge Funds Weigh In On REX AI Equity Premium Income ETF

An institutional investor recently bought a new position in REX AI Equity Premium Income ETF stock. SBI Securities Co. Ltd. purchased a new stake in REX AI Equity Premium Income ETF (NASDAQ:AIPI) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 5,013 shares of the company’s stock, valued at approximately $202,000. SBI Securities Co. Ltd. owned about 0.08% of REX AI Equity Premium Income ETF 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.