Parametric Hedged Equity ETF (PHEQ)

AMEX Financial Services Asset Management

Parametric Hedged Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $35.09, up 0.03% on the session, giving a market capitalisation of $141.7M. Its beta of 0.51 implies it has historically moved less than the broad market.

The Parametric Hedged Equity ETF (PHEQ) is designed to generate capital appreciation. It achieves this by allocating its capital to the equity shares of major U.S. companies, specifically those large-capitalization firms that were included in the Solactive GBS U.S. 500 index when the fund initially acquired them.

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