REX financial launches REX NVDA growth & income ETF

REX Financial announced the launch of the REX NVDA Growth & Income ETF (CBOE: NVII), the first fund in its new single stock covered call ETF suite. NVII targets 1.05x to 1.50x leveraged exposure to NVIDIA Corporation (NVDA), with a goal of 1.25x daily exposure, and aims to generate weekly income by selling options on half of its portfolio while maintaining uncapped growth potential on the remaining half.
Scott Acheychek, COO of REX Financial, stated that NVII initiates a series of single stock income strategies, following the company’s existing index-based covered call ETFs, including the REX FANG & Innovation Equity Premium Income ETF (NASDAQ: FEPI), the REX AI Equity Premium Income ETF (NASDAQ: AIPI), and the REX Crypto Equity Premium Income ETF (NASDAQ: CEPI).
For more details on the REX NVDA Growth & Income ETF and the Growth & Income Covered Call ETF suite, visit www.rexshares.com.