RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Strong Trading Volume

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares saw strong trading volume on Friday . 69,955 shares were traded during mid-day trading, an increase of 2% from the previous session’s volume of 68,480 shares.The stock last traded at $19.31 and had previously closed at $19.28.

RPAR Risk Parity ETF Price Performance

The company’s 50-day simple moving average is $19.18 and its 200-day simple moving average is $18.97. The company has a market cap of $626.43 million, a price-to-earnings ratio of 10.60 and a beta of 0.54.

Institutional Trading of RPAR Risk Parity ETF

An institutional investor recently raised its position in RPAR Risk Parity ETF stock. Lindbrook Capital LLC raised its position in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,067,644 shares of the company’s stock after acquiring an additional 102,064 shares during the quarter. RPAR Risk Parity ETF accounts for about 2.0% of Lindbrook Capital LLC’s investment portfolio, making the stock its 8th largest holding. Lindbrook Capital LLC owned approximately 2.01% of RPAR Risk Parity ETF worth $20,424,000 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.