Wayfinding Financial LLC Sells 423 Shares of Parametric Equity Premium Income ETF (NYSEARCA:PAPI)

Wayfinding Financial LLC lowered its position in Parametric Equity Premium Income ETF (NYSEARCA:PAPI) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,671 shares of the company’s stock after selling 423 shares during the quarter. Parametric Equity Premium Income ETF makes up about 1.4% of Wayfinding Financial LLC’s portfolio, making the stock its 19th biggest position. Wayfinding Financial LLC owned approximately 9.06% of Parametric Equity Premium Income ETF worth $2,606,000 at the end of the most recent reporting period.

Separately, LRI Investments LLC purchased a new stake in shares of Parametric Equity Premium Income ETF in the 3rd quarter worth $1,322,000.

Parametric Equity Premium Income ETF Trading Down 0.2 %

Shares of Parametric Equity Premium Income ETF stock opened at $26.60 on Friday. The stock’s fifty day moving average price is $26.61 and its 200-day moving average price is $26.94. The firm has a market cap of $147.63 million, a P/E ratio of 17.25 and a beta of 0.41. Parametric Equity Premium Income ETF has a 12 month low of $25.51 and a 12 month high of $28.46.

Parametric Equity Premium Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Friday, January 31st were issued a $0.1386 dividend. The ex-dividend date of this dividend was Friday, January 31st. This is a positive change from Parametric Equity Premium Income ETF’s previous dividend of $0.12.

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.