REX AI Equity Premium Income ETF Declares Dividend of $0.24 (NASDAQ:AIPI)

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, June 23rd, NASDAQ Dividends reports. Investors of record on Wednesday, June 24th will be given a dividend of 0.2444 per share on Thursday, June 25th. The ex-dividend date is Wednesday, June 24th.

REX AI Equity Premium Income ETF Price Performance

Shares of AIPI opened at $36.56 on Wednesday. REX AI Equity Premium Income ETF has a one year low of $32.21 and a one year high of $45.08. The company has a 50-day simple moving average of $37.08 and a two-hundred day simple moving average of $37.56. The firm has a market capitalization of $397.77 million, a PE ratio of 41.65 and a beta of 1.07.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. ORG Partners LLC bought a new stake in shares of REX AI Equity Premium Income ETF during the fourth quarter valued at approximately $60,000. Janney Montgomery Scott LLC bought a new position in REX AI Equity Premium Income ETF in the fourth quarter worth $222,000. Finally, SBI Securities Co. Ltd. raised its holdings in REX AI Equity Premium Income ETF by 45.9% in the fourth quarter. SBI Securities Co. Ltd. now owns 17,519 shares of the company’s stock worth $702,000 after purchasing an additional 5,510 shares in the last quarter.

About REX AI Equity Premium Income ETF

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.