REX AI Equity Premium Income ETF (AIPI) to Issue Dividend of $0.25 on June 11th

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, June 9th, NASDAQ Dividends reports. Stockholders of record on Wednesday, June 10th will be paid a dividend of 0.2527 per share on Thursday, June 11th. The ex-dividend date is Wednesday, June 10th.

REX AI Equity Premium Income ETF Trading Down 2.4%

Shares of AIPI stock opened at $36.83 on Thursday. REX AI Equity Premium Income ETF has a 1 year low of $32.21 and a 1 year high of $45.08. The firm’s 50 day moving average is $36.51 and its 200-day moving average is $37.78. The firm has a market capitalization of $400.71 million, a price-to-earnings ratio of 41.65 and a beta of 1.07.

Hedge Funds Weigh In On REX AI Equity Premium Income ETF

Large investors have recently modified their holdings of the stock. ORG Partners LLC acquired a new position in shares of REX AI Equity Premium Income ETF during the fourth quarter worth approximately $60,000. Janney Montgomery Scott LLC bought a new stake in shares of REX AI Equity Premium Income ETF during the fourth quarter worth approximately $222,000. Finally, SBI Securities Co. Ltd. raised its stake in shares of REX AI Equity Premium Income ETF by 45.9% during 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.