Parametric Equity Premium Income ETF (PAPI) Price, Holdings, & News

ETF Overview

The Parametric Equity Premium Income ETF (PAPI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in a broad equity portfolio of US dividend payers, while utilizing a laddered, naked call writing strategy on the S&P 500. The fund seeks to provide monthly income and capital appreciation. PAPI was launched on Oct 16, 2023 and is issued by Parametric.

Key Stats

• Today's Range: $26.20 to $26.46
• 50-Day Range: $25.95 to $27.12
• 52-Week Range: $25.51 to $28.46
• Volume: 71,925 shs
• Average Volume: 63,326 shs
• Market Capitalization: $28.98 million
• Assets Under Management: $142.54 million
• Dividend Yield: 3.67%
• Net Expense Ratio: 0.29%
• Aggregate Rating: Moderate Buy

PAPI ETF - Frequently Asked Questions

How have PAPI shares performed this year?

Parametric Equity Premium Income ETF's stock was trading at $26.15 on January 1st, 2025. Since then, PAPI shares have increased by 0.5% and is now trading at $26.2750.
View the best growth stocks for 2025 here.

Who are Parametric Equity Premium Income ETF's major shareholders?

Top institutional investors of Parametric Equity Premium Income ETF include Wayfinding Financial LLC (9.06%) and OLD Mission Capital LLC (1.63%).

How do I buy shares of Parametric Equity Premium Income ETF?

Shares of PAPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: Morgan Stanley
• Fund Name: Parametric Equity Premium Income ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:PAPI
• Inception Date: 10/16/2023
• Fund Manager: Thomas Seto, James Reber, Alex Zweber, Michael Zaslavsky, Larry Berman, Matthew Maillet
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Buywrite
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 202

Fund Statistics

• Assets Under Management: $142.54 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.07%

Administrator, Advisor and Custodian

• Administrator: JPMorgan Chase Bank N.A.
• Advisor: Morgan Stanley Investment Management Inc.
• Custodian: JPMorgan Chase Bank N.A.
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: JPMorgan Chase Bank N.A.
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: N/A
• Short Interest: 7,300 shs

Miscellaneous

• Outstanding Shares: 1,100,000
• Beta: 0.41
• Creation Unit: 50,000