REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Stock Price Down 4.4% – Should You Sell?

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) shares traded down 4.4% during trading on Friday . The company traded as low as $32.90 and last traded at $33.35. 85,510 shares changed hands during trading, an increase of 100% from the average session volume of 42,847 shares. The stock had previously closed at $34.90.

REX Crypto Equity Premium Income ETF Price Performance

The company has a 50-day moving average of $32.64 and a two-hundred day moving average of $33.17. The stock has a market capitalization of $97.05 million, a PE ratio of 33.99 and a beta of 1.70.

REX Crypto Equity Premium Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, June 3rd were issued a $0.2882 dividend. The ex-dividend date was Wednesday, June 3rd.

Hedge Funds Weigh In On REX Crypto Equity Premium Income ETF

A hedge fund recently raised its stake in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. raised its position in REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 77.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,871 shares of the company’s stock after purchasing an additional 11,686 shares during the quarter. SBI Securities Co. Ltd. owned 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 at the end of the most recent quarter.

About REX Crypto Equity Premium Income ETF

The REX Crypto Equity Premium Income ETF (CEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in crypto-related and digital payment solutions stocks selected from the 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. CEPI was launched on Dec 4, 2024 and is issued by REX Shares.