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

Shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) saw unusually-high trading volume on Friday . Approximately 52,557 shares traded hands during trading, an increase of 18% from the previous session’s volume of 44,709 shares.The stock last traded at $21.2950 and had previously closed at $21.30.

RPAR Risk Parity ETF Trading Down 0.2%

The firm has a market cap of $549.21 million, a PE ratio of 16.43 and a beta of 0.71. The business’s 50-day simple moving average is $21.20 and its 200 day simple moving average is $20.26.

Institutional Trading of RPAR Risk Parity ETF

A hedge fund recently bought a new stake in RPAR Risk Parity ETF stock. Flow Traders U.S. LLC acquired a new position in shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 31,661 shares of the company’s stock, valued at approximately $623,000. Flow Traders U.S. LLC owned about 0.12% of RPAR Risk Parity ETF at the end of the most recent reporting period.

RPAR Risk Parity ETF Company Profile

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.