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

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 159,500 shares changed hands during mid-day trading, an increase of 197% from the previous session’s volume of 53,631 shares.The stock last traded at $19.52 and had previously closed at $19.62.

RPAR Risk Parity ETF Stock Performance

The firm has a market capitalization of $538.20 million, a P/E ratio of 17.19 and a beta of 0.66. The business has a 50 day simple moving average of $19.17 and a two-hundred day simple moving average of $19.64.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in RPAR Risk Parity ETF stock. Magnolia Private Wealth LLC bought a new stake in shares of RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 23,615 shares of the company’s stock, valued at approximately $441,000. Magnolia Private Wealth LLC owned approximately 0.07% of RPAR Risk Parity ETF at the end of the most recent quarter.

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.

Further Reading

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