REX IncomeMax Option Strategy ETF Plans Dividend of $0.21 (NASDAQ:ULTI)

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) announced a dividend on Wednesday, June 3rd, NASDAQ Dividends reports. Stockholders of record on Thursday, June 4th will be paid a dividend of 0.205 per share by the technology company on Friday, June 5th. The ex-dividend date of this dividend is Thursday, June 4th.

REX IncomeMax Option Strategy ETF Trading Down 1.3%

Shares of ULTI stock traded down $0.20 on Thursday, reaching $14.73. 80,735 shares of the stock were exchanged, compared to its average volume of 75,763. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.01. The stock has a market cap of $29.46 million, a P/E ratio of 7.12, a price-to-earnings-growth ratio of 6.51 and a beta of 5.24. The firm has a 50 day moving average of $13.60 and a two-hundred day moving average of $14.65. REX IncomeMax Option Strategy ETF has a 1-year low of $10.95 and a 1-year high of $26.50.

Hedge Funds Weigh In On REX IncomeMax Option Strategy ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC purchased a new stake in shares of REX IncomeMax Option Strategy ETF during the 4th quarter worth about $264,000. OLD Mission Capital LLC purchased a new position in REX IncomeMax Option Strategy ETF in the fourth quarter valued at approximately $142,000. Finally, Apollon Wealth Management LLC purchased a new position in REX IncomeMax Option Strategy ETF in the first quarter valued at approximately $431,000. 91.20% of the stock is owned by institutional investors and hedge funds.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.