Parametric Equity Premium Income ETF $PAPI Shares Sold by LRI Investments LLC

LRI Investments LLC cut its holdings in shares of Parametric Equity Premium Income ETF (NYSEARCA:PAPI) by 44.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,800 shares of the company’s stock after selling 23,800 shares during the period. LRI Investments LLC’s holdings in Parametric Equity Premium Income ETF were worth $776,000 as of its most recent SEC filing.

Separately, Janney Montgomery Scott LLC acquired a new position in shares of Parametric Equity Premium Income ETF in the second quarter valued at approximately $665,000.

Parametric Equity Premium Income ETF Stock Down 0.4%

Shares of PAPI opened at $27.07 on Thursday. The company has a market cap of $291.00 million, a P/E ratio of 15.71 and a beta of 0.43. Parametric Equity Premium Income ETF has a fifty-two week low of $23.32 and a fifty-two week high of $27.53. The firm’s 50 day moving average price is $26.28 and its 200 day moving average price is $25.96.

About Parametric Equity Premium Income ETF

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.