17,947 Shares in Parametric Equity Premium Income ETF (NYSEARCA:PAPI) Acquired by OLD Mission Capital LLC

OLD Mission Capital LLC acquired a new stake in Parametric Equity Premium Income ETF (NYSEARCA:PAPI) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 17,947 shares of the company’s stock, valued at approximately $469,000. OLD Mission Capital LLC owned about 1.63% of Parametric Equity Premium Income ETF as of its most recent filing with the SEC.

Separately, LRI Investments LLC bought a new position in Parametric Equity Premium Income ETF in the third quarter valued at about $1,322,000.

Parametric Equity Premium Income ETF Stock Down 5.2 %

Shares of PAPI stock opened at $24.46 on Friday. Parametric Equity Premium Income ETF has a 12 month low of $24.35 and a 12 month high of $28.46. The firm has a market cap of $147.98 million, a price-to-earnings ratio of 17.57 and a beta of 0.41. The stock has a 50-day moving average price of $26.53 and a 200 day moving average price of $26.90.

Parametric Equity Premium Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 31st were paid a dividend of $0.1929 per share. This is an increase from Parametric Equity Premium Income ETF’s previous dividend of $0.14. The ex-dividend date was Monday, March 31st.

Parametric Equity Premium Income ETF Company Profile

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.