SeekingAlpha · Jan 13, 2026
PEPS: Generating Alpha (Usually)
Parametric Equity Plus ETF (PEPS) is designed to generate alpha versus the S&P 500 through a rules-based derivatives strategy. Read the full analysis here.
PH
NYSE · PHEQ
Parametric Hedged Equity ETF
Financial Services · Asset Management
$35.20
Up+$0.03 (+0.10%)
Updated Aug 29, 2026, 1:35 PM
SID Score
4.8/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 112.54M
- P/E ratio
- —
- Dividend yield
- 1.20%
- 52-week range
- $29.54 – $37.30
- Volume
- 17.64K
- Avg. volume
- 24.01K
Price performance
PHEQ price history
1M range · 21 trading sessions · Daily adjusted prices
PHEQ closed at $35.20 after 21 trading sessions, up 2.04% for the selected period.
- Last close
- $35.20
- Period change
- +2.04%
- Period low
- $34.50
- Period high
- $35.20
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 28, 2026 | $35.195 | $35.29 | $35.12 | $35.2042 | 17.64K |
| Aug 27, 2026 | $35.145 | $35.22 | $35.12 | $35.13 | 11.41K |
| Aug 26, 2026 | $35.09 | $35.09 | $34.9879 | $35.02 | 13.8K |
| Aug 25, 2026 | $35.179 | $35.179 | $35.04 | $35.0675 | 6.18K |
| Aug 24, 2026 | $37.30 | $37.30 | $35.0401 | $35.0749 | 4.04K |
| Aug 21, 2026 | $35.15 | $35.169 | $35.115 | $35.115 | 2.76K |
| Aug 20, 2026 | $35.075 | $35.11 | $35.0514 | $35.0606 | 3.42K |
| Aug 19, 2026 | $35.125 | $35.16 | $35.06 | $35.0868 | 27.66K |
| Aug 18, 2026 | $35.095 | $35.095 | $35.0407 | $35.07 | 146.5K |
| Aug 17, 2026 | $34.97 | $35.2155 | $34.97 | $35.11 | 12.33K |
| Aug 14, 2026 | $35.20 | $35.20 | $35.13 | $35.17 | 18.45K |
| Aug 13, 2026 | $35.1485 | $35.1649 | $35.09 | $35.1649 | 7.94K |
| Aug 12, 2026 | $35.09 | $35.12 | $35.06 | $35.0897 | 9.44K |
| Aug 11, 2026 | $35.00 | $35.29 | $34.79 | $35.08 | 135.96K |
| Aug 10, 2026 | $34.92 | $35.10 | $34.92 | $35.0505 | 35.09K |
| Aug 7, 2026 | $35.01 | $35.08 | $35.01 | $35.0549 | 6.74K |
| Aug 6, 2026 | $34.945 | $34.99 | $34.87 | $34.92 | 5.92K |
| Aug 5, 2026 | $34.92 | $35.01 | $34.8701 | $34.8756 | 8.47K |
| Aug 4, 2026 | $34.83 | $34.96 | $34.72 | $34.9201 | 18.67K |
| Aug 3, 2026 | $34.555 | $34.72 | $34.555 | $34.71 | 18.65K |
| Jul 31, 2026 | $34.375 | $34.50 | $34.3286 | $34.50 | 5.26K |
Latest PHEQ news
The latest Smart Investors Daily articles mentioning PHEQ.
Stock researchCompany · Overview
PHEQ research
Overview
Company profile and research snapshot.
Company profile
PHEQ invests in an equity portfolio that aims to replicate the key fundamental attributes of a market-cap-weighted index of the 500 largest US companies. It utilizes an option overlay hedging strategy that seeks to mitigate losses while foregoing some upside potential. To pursue this strategy, the fund will purchase and sell put options and sell call options referencing the S&P 500 Index. This strategy aims to mitigate downside risk after the first 10% decline, down to 30%, over one year. PHEQ also holds options for multiple one-year periods staggered three months apart. This results in a total of four separate defined outcome periods per year, each covering approximately 25% of the funds equity exposure. Upon expiry, each option hedge structure will be rolled out to the same month-end in the next calendar year. Dividends received will be distributed every quarter. This fund may also incorporate tax loss harvesting within the long equity portfolio to maximize realization of losses.
Analyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- —
- Implied upside
- —
- Analysts
- —
News briefing
No generated briefing is available yet.
AI research layers
Interpretive context generated from the platform’s current data sources.
No results
AI research layers have not been published yet.
