Farther Finance Advisors LLC Boosts Holdings in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI)

Farther Finance Advisors LLC raised its stake in shares of REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) by 42.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,966 shares of the company’s stock after purchasing an additional 1,789 shares during the period. Farther Finance Advisors LLC owned 0.06% of REX FANG & Innovation Equity Premium Income ETF worth $296,000 at the end of the most recent quarter.

Separately, Beck Capital Management LLC purchased a new position in REX FANG & Innovation Equity Premium Income ETF during the third quarter valued at $2,895,000.

REX FANG & Innovation Equity Premium Income ETF Stock Down 1.8 %

FEPI opened at $43.31 on Wednesday. The company has a market cap of $411.45 million, a price-to-earnings ratio of 38.17 and a beta of 1.06. REX FANG & Innovation Equity Premium Income ETF has a 52-week low of $41.51 and a 52-week high of $57.12. The firm’s fifty day simple moving average is $47.75 and its two-hundred day simple moving average is $50.00.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 27th. Shareholders of record on Wednesday, February 26th were issued a dividend of $0.9806 per share. The ex-dividend date was Wednesday, February 26th.

REX FANG & Innovation Equity Premium Income ETF Company Profile

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.