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

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw unusually-high trading volume on Monday . Approximately 431,725 shares traded hands during mid-day trading, an increase of 592% from the previous session’s volume of 62,392 shares.The stock last traded at $19.23 and had previously closed at $19.22.

RPAR Risk Parity ETF Trading Up 0.7 %

The company has a fifty day moving average price of $20.08 and a two-hundred day moving average price of $19.70. The firm has a market capitalization of $634.29 million, a price-to-earnings ratio of 10.60 and a beta of 0.54.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in RPAR Risk Parity ETF stock. Lindbrook Capital LLC increased its position in shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,100,348 shares of the company’s stock after buying an additional 71,023 shares during the quarter. RPAR Risk Parity ETF comprises approximately 2.0% of Lindbrook Capital LLC’s portfolio, making the stock its 9th largest position. Lindbrook Capital LLC owned about 3.36% of RPAR Risk Parity ETF worth $22,678,000 at the end of the most recent quarter.

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.