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REX NVDA Growth & Income ETF declares $0.2407 dividend
Seeking Alpha News (Tue, 24-Feb 9:38 AM ET)
The Fund's primary investment objective is to pay weekly distributions. The Fund's secondary investment objective is to seek daily investment results, before fees and expenses, between 105% and 150% the daily percentage change of the common stock of Nvidia Corporation (NASDAQ: NVDA) ("NVDA"). The Fund is an actively managed exchange-traded fund ("ETF") that seeks to pay weekly distributions to shareholders by employing a covered call strategy and maintain between 105% and 150% notional exposure to NVDA by entering into financial instruments on NVDA, including options contracts and/or swap agreements, as well as directly purchasing shares of NVDA. The Fund's portfolio will consist of the following elements: (1) leveraged long exposure to NVDA such that the notional exposure to NVDA will be between 105% and 150% of the Fund's NAV through options contracts, swap agreements and/or direct holdings of NVDA; (2) covered call writing (where NVDA call options are sold against the leveraged long portion of the strategy), which allows the Fund to generate income; and (3) short-term U.S. government securities or money market funds, which are used for collateral for the options contracts and/or swap agreements and to generate additional income.
Rex Nvda Growth & Income ETF trades on the BATS stock market under the symbol NVII.
As of February 27, 2026, NVII stock price declined to $25.13 with 109,503 million shares trading.
NVII has a beta of 1.54, meaning it tends to be more sensitive to market movements. NVII has a correlation of 0.30 to the broad based SPY ETF.
NVII has a market cap of $71.12 million. This is considered a Micro Cap stock.
NVII support price is $25.65 and resistance is $26.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NVII shares will trade within this expected range on the day.
