REX AI Equity Premium Income ETF (AIPI) To Go Ex-Dividend on October 7th

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, October 6th. Stockholders of record on Wednesday, October 7th will be paid a dividend of $0.2535 per share on Thursday, October 8th. This represents a dividend yield of 3,491.0%. The ex-dividend date of this dividend is Wednesday, October 7th. This is a 1.3% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.2501.

REX AI Equity Premium Income ETF Trading Down 0.6%

AIPI opened at $37.76 on Thursday. The stock has a 50-day moving average of $37.00 and a 200 day moving average of $36.50. REX AI Equity Premium Income ETF has a 12 month low of $32.21 and a 12 month high of $45.08. The firm has a market cap of $479.55 million, a P/E ratio of 41.65 and a beta of 1.11.

Institutional Trading of REX AI Equity Premium Income ETF

An institutional investor recently raised its position in REX AI Equity Premium Income ETF stock. Janney Montgomery Scott LLC grew its position in REX AI Equity Premium Income ETF (NASDAQ:AIPI) by 51.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,367 shares of the company’s stock after acquiring an additional 2,832 shares during the quarter. 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.

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.