REX AI Equity Premium Income ETF $AIPI Stock Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. grew its holdings in REX AI Equity Premium Income ETF (NASDAQ:AIPI) by 45.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,112 shares of the company’s stock after purchasing an additional 14,719 shares during the period. SBI Securities Co. Ltd. owned about 0.35% of REX AI Equity Premium Income ETF worth $1,762,000 at the end of the most recent quarter.

Separately, Janney Montgomery Scott LLC boosted its holdings in REX AI Equity Premium Income ETF by 51.2% during the first quarter. Janney Montgomery Scott LLC now owns 8,367 shares of the company’s stock worth $281,000 after purchasing an additional 2,832 shares during the last quarter.

REX AI Equity Premium Income ETF Stock Performance

REX AI Equity Premium Income ETF stock traded up $0.23 during mid-day trading on Friday, reaching $35.22. The company’s stock had a trading volume of 189,458 shares, compared to its average volume of 182,473. The company has a market capitalization of $477.23 million, a price-to-earnings ratio of 41.65 and a beta of 1.11. REX AI Equity Premium Income ETF has a 12 month low of $32.21 and a 12 month high of $45.08. The business’s 50 day simple moving average is $36.95 and its 200 day simple moving average is $36.66.

REX AI Equity Premium Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, October 22nd. Investors of record on Wednesday, October 21st were given a $0.2396 dividend. This is a decrease from REX AI Equity Premium Income ETF’s previous dividend of $0.2510. This represents a dividend yield of 3,444.0%. The ex-dividend date of this dividend was Wednesday, October 21st.

REX AI Equity Premium Income ETF 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.