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

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) saw unusually-strong trading volume on Tuesday . 87,260 shares were traded during 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 Performance

The firm’s 50 day simple moving average is $22.74 and its 200 day simple moving average is $22.55. The firm has a market capitalization of $580.65 million, a price-to-earnings ratio of 16.43 and a beta of 0.69.

Institutional Inflows and Outflows

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) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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.

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