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Parametric Equity Premium Income ETF (PAPI)

AMEX Financial Services Asset Management
$27.83 ▼ -0.07%
Market Cap
$403.5M
Sector
Financial Services
Industry
Asset Management
Beta
0.21
52-Wk Range
25-28.535
CEO
Muhammad Riaz
Country
US
Currency
USD

Parametric Equity Premium Income ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $27.83, down 0.07% on the session, giving a market capitalisation of $403.5M. Its beta of 0.21 implies it has historically moved less than the broad market.

Company profile
Exchange
New York Stock Exchange Arca
Employees
120
IPO date
2023-10-19
Headquarters
Boston, MA, US
About Parametric Equity Premium Income ETF

Morgan Stanley ETF Trust - Parametric Equity Premium Income ETF is an exchange traded fund launched and managed by Morgan Stanley Investment Management Inc. It is co-managed by Parametric Portfolio Associates LLC. It invests in public equity markets of the United States. The fund invests directly and through derivatives in the stocks of companies operating across diversified sectors. It invests in dividend paying stocks of the company. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis with top-down stock picking approach to create its portfolio. Morgan Stanley ETF Trust - Parametric Equity Premium Income ETF was formed on October 16, 2023 and is domiciled in the United States.

Comparable companies

Parametric Equity Premium Income ETF is most often compared with the following Financial Services names:

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