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

Shares of RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 87,260 shares were traded during mid-day trading, an increase of 199% from the previous session’s volume of 29,163 shares.The stock last traded at $22.34 and had previously closed at $22.40.

RPAR Risk Parity ETF Stock Down 0.2%

The firm has a market capitalization of $590.30 million, a price-to-earnings ratio of 16.43 and a beta of 0.69. The business has a 50-day moving average of $22.77 and a two-hundred day moving average of $22.54.

Institutional Trading of 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:RPARFree Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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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