REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Trading Down 0.6% – What’s Next?

Posted by Kim Johansen on Feb 21st, 2025

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Get Free Report) dropped 0.6% on Thursday . The company traded as low as $48.99 and last traded at $49.58. Approximately 183,704 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 177,868 shares. The stock had previously closed at $49.89.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

The business has a 50 day simple moving average of $50.00 and a two-hundred day simple moving average of $50.72. The firm has a market capitalization of $471.01 million, a P/E ratio of 43.97 and a beta of 1.06.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 30th. Investors of record on Wednesday, January 29th were given a $1.0456 dividend. The ex-dividend date was Wednesday, January 29th.

Institutional Investors Weigh In On REX FANG & Innovation Equity Premium Income ETF

A hedge fund recently bought a new stake in REX FANG & Innovation Equity Premium Income ETF stock. Beck Capital Management LLC acquired a new stake in shares of REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 56,448 shares of the company’s stock, valued at approximately $2,895,000. Beck Capital Management LLC owned approximately 0.72% of REX FANG & Innovation Equity Premium Income ETF as of its most recent filing with the SEC.

REX FANG & Innovation Equity Premium Income ETF Company Profile

(Get Free Report)

The REX FANG & Innovation Equity Premium Income ETF (FEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking to provide similar returns as the Solactive FANG Innovation Index and monthly income. The fund invests in the securities comprising the index while writing call options on them.