RPAR Risk Parity ETF (NYSEARCA:RPAR) Hits New 1-Year Low – Here’s Why

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares reached a new 52-week low on Monday . The company traded as low as $17.92 and last traded at $17.92, with a volume of 2015 shares traded. The stock had previously closed at $18.44.

RPAR Risk Parity ETF Stock Performance

The stock has a market cap of $605.45 million, a PE ratio of 10.60 and a beta of 0.54. The company’s 50 day simple moving average is $19.32 and its 200 day simple moving average is $19.68.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in RPAR Risk Parity ETF stock. Lindbrook Capital LLC increased its holdings in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,100,348 shares of the company’s stock after buying an additional 71,023 shares during the period. RPAR Risk Parity ETF accounts for 2.0% of Lindbrook Capital LLC’s investment portfolio, making the stock its 9th biggest position. Lindbrook Capital LLC owned approximately 3.36% of RPAR Risk Parity ETF worth $22,678,000 as of its most recent SEC filing.

About RPAR Risk Parity ETF

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.