REX AI Equity Premium Income ETF (AIPI) to Distribute Dividend of $0.23 on July 30th

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, July 28th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 29th will be given a dividend of 0.2317 per share on Thursday, July 30th. The ex-dividend date is Wednesday, July 29th.

REX AI Equity Premium Income ETF Trading Down 2.8%

Shares of NASDAQ AIPI opened at $33.19 on Thursday. REX AI Equity Premium Income ETF has a 12-month low of $32.21 and a 12-month high of $45.08. The stock’s fifty day simple moving average is $36.89 and its two-hundred day simple moving average is $36.61. The stock has a market capitalization of $389.98 million, a PE ratio of 41.65 and a beta of 1.08.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. ORG Partners LLC acquired a new stake in REX AI Equity Premium Income ETF in the 4th quarter worth approximately $60,000. Janney Montgomery Scott LLC boosted its stake in shares of REX AI Equity Premium Income ETF by 51.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 8,367 shares of the company’s stock worth $281,000 after acquiring an additional 2,832 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew 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 valued at $702,000 after purchasing an additional 5,510 shares during the period.

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.