REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Shares of REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) passed 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 Stock Performance

The company has a market cap of $410.28 million, a price-to-earnings ratio of 43.97 and a beta of 1.06. The company’s 50 day moving average price is $51.72 and its 200 day moving average price is $52.21.

REX FANG & Innovation Equity Premium Income ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 26th were given a dividend of $1.0975 per share. The ex-dividend date was Tuesday, November 26th.

Institutional Trading of REX FANG & Innovation Equity Premium Income ETF

A hedge fund recently raised its stake in REX FANG & Innovation Equity Premium Income ETF stock. Farther Finance Advisors LLC boosted its stake in shares of REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) by 93.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,177 shares of the company’s stock after purchasing 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 at the end of the most recent quarter.

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.