Beck Capital Management LLC Invests $2.90 Million in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI)

Beck Capital Management LLC bought a new stake in shares of REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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 at the end of the most recent reporting period.

Separately, Farther Finance Advisors LLC grew its stake in shares of REX FANG & Innovation Equity Premium Income ETF by 93.4% during the third quarter. Farther Finance Advisors LLC now owns 4,177 shares of the company’s stock worth $214,000 after acquiring an additional 2,017 shares during the last quarter.

REX FANG & Innovation Equity Premium Income ETF Stock Up 0.7 %

Shares of REX FANG & Innovation Equity Premium Income ETF stock opened at $51.20 on Monday. The company has a 50 day moving average price of $51.57 and a 200 day moving average price of $52.35. The firm has a market capitalization of $399.36 million, a P/E ratio of 43.97 and a beta of 1.06. REX FANG & Innovation Equity Premium Income ETF has a 52 week low of $44.16 and a 52 week high of $57.29.

REX FANG & Innovation Equity Premium Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 26th were issued a $1.0975 dividend. The ex-dividend date of this dividend was Tuesday, November 26th.

REX FANG & Innovation Equity Premium Income ETF Company Profile

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.