RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Large Volume Increase – Still a Buy?

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) shares saw unusually-high trading volume on Friday . 153,831 shares traded hands during mid-day trading, an increase of 447% from the previous session’s volume of 28,124 shares.The stock last traded at $22.21 and had previously closed at $22.08.

RPAR Risk Parity ETF Trading Up 1.0%

The business’s fifty day simple moving average is $22.28 and its 200 day simple moving average is $22.58. The stock has a market cap of $583.85 million, a price-to-earnings ratio of 16.43 and a beta of 0.69.

Institutional Investors Weigh In On RPAR Risk Parity ETF

A hedge fund recently bought a new stake in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new stake in RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 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.

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