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

Shares of RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) saw strong trading volume on Wednesday . 37,614 shares traded hands during trading, an increase of 27% from the previous session’s volume of 29,678 shares.The stock last traded at $22.01 and had previously closed at $21.92.

RPAR Risk Parity ETF Price Performance

The stock has a 50 day moving average price of $22.49 and a two-hundred day moving average price of $22.59. The company has a market capitalization of $577.50 million, a price-to-earnings ratio of 16.43 and a beta of 0.69.

Institutional Investors Weigh In On RPAR Risk Parity ETF

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD bought a new position in RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 7,422 shares of the company’s stock, valued at approximately $165,000.

RPAR Risk Parity ETF Company Profile

(Get Free Report)

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.

Further Reading

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