REX AI Equity Premium Income ETF $AIPI Position Increased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. grew its position in REX AI Equity Premium Income ETF (NASDAQ:AIPI) by 45.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,112 shares of the company’s stock after acquiring an additional 14,719 shares during the period. SBI Securities Co. Ltd.’s holdings in REX AI Equity Premium Income ETF were worth $1,762,000 at the end of the most recent quarter.

Separately, CoreCap Advisors LLC bought a new stake in shares of REX AI Equity Premium Income ETF in the 3rd quarter valued at about $77,000.

REX AI Equity Premium Income ETF Stock Up 0.7%

Shares of AIPI stock traded up $0.23 on Friday, reaching $35.22. The stock had a trading volume of 189,458 shares, compared to its average volume of 182,473. The firm’s 50-day moving average is $36.95 and its two-hundred day moving average is $36.66. The firm has a market capitalization of $477.23 million, a price-to-earnings ratio of 41.65 and a beta of 1.11. REX AI Equity Premium Income ETF has a 12 month low of $32.21 and a 12 month high of $45.08.

REX AI Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 22nd. Shareholders of record on Wednesday, October 21st were given a dividend of $0.2396 per share. This represents a yield of 3,444.0%. This is a drop from REX AI Equity Premium Income ETF’s previous dividend of $0.2510. The ex-dividend date of this dividend was Wednesday, October 21st.

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.