REX AI Equity Premium Income ETF (NASDAQ:AIPI) Plans Dividend of $0.24

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, September 15th. Shareholders of record on Wednesday, September 16th will be paid a dividend of 0.2448 per share on Thursday, September 17th. This represents a yield of 3,482.0%. The ex-dividend date of this dividend is Wednesday, September 16th.

REX AI Equity Premium Income ETF Stock Performance

Shares of AIPI opened at $36.56 on Wednesday. The company’s 50-day simple moving average is $36.35 and its 200-day simple moving average is $36.33. REX AI Equity Premium Income ETF has a 1 year low of $32.21 and a 1 year high of $45.08. The stock has a market capitalization of $427.75 million, a PE ratio of 41.65 and a beta of 1.13.

Institutional Investors Weigh In On REX AI Equity Premium Income ETF

A hedge fund recently raised its position in REX AI Equity Premium Income ETF stock. Janney Montgomery Scott LLC raised its holdings in REX AI Equity Premium Income ETF (NASDAQ:AIPI) by 51.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,367 shares of the company’s stock after buying an additional 2,832 shares during the period. Janney Montgomery Scott LLC owned approximately 0.08% of REX AI Equity Premium Income ETF worth $281,000 as of its most recent SEC filing.

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.