Farther Finance Advisors LLC Increases Stake in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI)

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

REX FANG & Innovation Equity Premium Income ETF Stock Up 0.1 %

Shares of NASDAQ:FEPI opened at $53.12 on Friday. The business has a fifty day moving average of $51.00 and a two-hundred day moving average of $52.49. The stock has a market cap of $414.34 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 disclosed a monthly dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 24th were issued a $1.0776 dividend. The ex-dividend date was Thursday, October 24th. This represents a $12.93 annualized dividend and a yield of 24.34%.

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.