REX AI Equity Premium Income ETF Announces Dividend of $0.25 (NASDAQ:AIPI)

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, June 16th, NASDAQ Dividends reports. Shareholders of record on Wednesday, June 17th will be given a dividend of 0.2495 per share on Thursday, June 18th. The ex-dividend date of this dividend is Wednesday, June 17th.

REX AI Equity Premium Income ETF Trading Down 1.2%

NASDAQ AIPI traded down $0.46 during trading on Wednesday, reaching $36.80. The company’s stock had a trading volume of 172,604 shares, compared to its average volume of 174,042. The stock has a market capitalization of $400.38 million, a PE ratio of 41.65 and a beta of 1.07. The business has a 50-day moving average price of $36.78 and a 200-day moving average price of $37.69. REX AI Equity Premium Income ETF has a 1-year low of $32.21 and a 1-year high of $45.08.

Institutional Trading of REX AI Equity Premium Income ETF

Institutional investors and hedge funds have recently modified their holdings of the company. ORG Partners LLC acquired a new stake in shares of REX AI Equity Premium Income ETF in the fourth quarter worth $60,000. Janney Montgomery Scott LLC acquired a new stake in shares of REX AI Equity Premium Income ETF in the fourth quarter worth $222,000. Finally, SBI Securities Co. Ltd. lifted its stake in shares of REX AI Equity Premium Income ETF by 45.9% in the fourth quarter. SBI Securities Co. Ltd. now owns 17,519 shares of the company’s stock worth $702,000 after buying an additional 5,510 shares during the last quarter.

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.