RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Strong Trading Volume – What’s Next?

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares saw unusually-high trading volume on Tuesday. Approximately 27,890 shares changed hands during trading, an increase of 3% from the previous session’s volume of 26,999 shares. The stock last traded at $21.2650 and had previously closed at $21.36.

RPAR Risk Parity ETF Stock Down 0.9%

The company has a 50 day moving average of $22.16 and a 200 day moving average of $22.40. The stock has a market capitalization of $547.91 million, a price-to-earnings ratio of 16.43 and a beta of 0.69.

RPAR Risk Parity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Monday, September 28th will be paid a dividend of $0.1071 per share. The ex-dividend date of this dividend is Monday, September 28th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 2.0%. This is a decrease from RPAR Risk Parity ETF’s previous quarterly dividend of $0.2922.

Institutional Investors Weigh In On RPAR Risk Parity ETF

A hedge fund recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD bought a new stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,422 shares of the company’s stock, valued at approximately $165,000.

RPAR Risk Parity ETF Company Profile

The RPAR Risk Parity ETF (RPAR) is an exchange-traded fund that is based on the Advanced Research Risk Parity index. The fund is an actively managed fund-of-funds allocating to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. RPAR was launched on Dec 13, 2019 and is managed by RPAR.