REX AI Equity Premium Income ETF (AIPI) To Go Ex-Dividend on August 12th

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, August 11th, NASDAQ Dividends reports. Shareholders of record on Wednesday, August 12th will be paid a dividend of 0.2492 per share on Thursday, August 13th. The ex-dividend date of this dividend is Wednesday, August 12th. This is a 5.9% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.24.

REX AI Equity Premium Income ETF Stock Up 0.1%

AIPI opened at $37.42 on Thursday. The company has a market capitalization of $437.81 million, a price-to-earnings ratio of 41.65 and a beta of 1.09. The firm has a 50-day moving average price of $36.41 and a 200-day moving average price of $36.37. REX AI Equity Premium Income ETF has a twelve month low of $32.21 and a twelve month high of $45.08.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in REX AI Equity Premium Income ETF stock. Janney Montgomery Scott LLC purchased a new stake in REX AI Equity Premium Income ETF (NASDAQ:AIPI) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,535 shares of the company’s stock, valued at approximately $222,000. Janney Montgomery Scott LLC owned approximately 0.05% of REX AI Equity Premium Income ETF as of its most recent filing with the Securities & Exchange Commission.

REX AI Equity Premium Income ETF Company Profile

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.