OLD Mission Capital LLC Purchases 7,689 Shares of REX AI Equity Premium Income ETF (NASDAQ:AIPI)

OLD Mission Capital LLC raised its position in REX AI Equity Premium Income ETF (NASDAQ:AIPI) by 55.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,562 shares of the company’s stock after purchasing an additional 7,689 shares during the period. OLD Mission Capital LLC owned approximately 0.41% of REX AI Equity Premium Income ETF worth $1,057,000 as of its most recent filing with the SEC.

REX AI Equity Premium Income ETF Stock Down 6.1 %

Shares of NASDAQ AIPI opened at $38.40 on Friday. REX AI Equity Premium Income ETF has a twelve month low of $38.36 and a twelve month high of $56.15. The company’s fifty day moving average is $45.54 and its 200-day moving average is $48.79. The stock has a market cap of $201.60 million and a price-to-earnings ratio of 37.30.

REX AI Equity Premium Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 26th were paid a $1.2804 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $15.36 dividend on an annualized basis and a yield of 40.01%.

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.