REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $51.66 and traded as high as $52.65. REX FANG & Innovation Equity Premium Income ETF shares last traded at $52.36, with a volume of 171,698 shares.

REX FANG & Innovation Equity Premium Income ETF Price Performance

The company has a market cap of $410.28 million, a PE ratio of 43.97 and a beta of 1.06. The stock has a fifty day moving average price of $51.72 and a 200-day moving average price of $52.21.

REX FANG & Innovation Equity Premium Income ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 26th were paid a $1.0975 dividend. The ex-dividend date was Tuesday, November 26th.

Hedge Funds Weigh In On REX FANG & Innovation Equity Premium Income ETF

An institutional investor recently raised its position in REX FANG & Innovation Equity Premium Income ETF stock. Farther Finance Advisors LLC raised its position in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) by 93.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,177 shares of the company’s stock after purchasing an additional 2,017 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.05% of REX FANG & Innovation Equity Premium Income ETF worth $214,000 at the end of the most recent quarter.

About REX FANG & Innovation Equity Premium Income ETF

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.