REX AI Equity Premium Income ETF Declares Dividend of $0.23 (NASDAQ:AIPI)

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, July 28th, NASDAQ Dividends reports. Investors of record on Wednesday, July 29th will be given a dividend of 0.2317 per share on Thursday, July 30th. The ex-dividend date is Wednesday, July 29th.

REX AI Equity Premium Income ETF Price Performance

AIPI stock traded down $0.97 during trading on Wednesday, reaching $33.19. 246,657 shares of the company were exchanged, compared to its average volume of 172,069. The company has a market capitalization of $389.98 million, a price-to-earnings ratio of 41.65 and a beta of 1.08. The company has a 50-day moving average of $36.99 and a two-hundred day moving average of $36.66. REX AI Equity Premium Income ETF has a twelve month low of $32.21 and a twelve month high of $45.08.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC bought a new stake in REX AI Equity Premium Income ETF during the 4th quarter worth $222,000. SBI Securities Co. Ltd. raised its position in 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 valued at $702,000 after purchasing an additional 5,510 shares during the last quarter. Finally, ORG Partners LLC acquired a new stake in shares of REX AI Equity Premium Income ETF during the fourth quarter valued at about $60,000.

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.