RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Unusually-High Trading Volume – Should You Buy?

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) saw strong trading volume on Wednesday . Approximately 31,965 shares changed hands during trading, an increase of 10% from the previous session’s volume of 29,028 shares.The stock last traded at $21.83 and had previously closed at $21.85.

RPAR Risk Parity ETF Stock Down 0.3%

The company has a market cap of $571.73 million, a P/E ratio of 16.43 and a beta of 0.69. The firm’s 50-day moving average price is $22.40 and its 200-day moving average price is $22.59.

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 stake in shares of RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,422 shares of the company’s stock, valued at approximately $165,000.

About RPAR Risk Parity ETF

(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.

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