Beck Capital Management LLC Purchases New Shares in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI)

Beck Capital Management LLC acquired a new position in shares of REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 56,448 shares of the company’s stock, valued at approximately $2,895,000.

Separately, Farther Finance Advisors LLC increased 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 purchasing an additional 2,017 shares in the last quarter.

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

Shares of REX FANG & Innovation Equity Premium Income ETF stock opened at $51.20 on Monday. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $44.16 and a twelve month high of $57.29. The firm has a market capitalization of $399.36 million, a PE ratio of 43.97 and a beta of 1.06. The firm’s 50-day moving average price is $51.57 and its 200 day moving average price is $52.35.

REX FANG & Innovation Equity Premium Income ETF Announces Dividend

The company also recently disclosed 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 was Tuesday, November 26th.

REX FANG & Innovation Equity Premium Income ETF 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.