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

Shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) saw an uptick in trading volume on Tuesday . 174,388 shares traded hands during mid-day trading, an increase of 124% from the previous session’s volume of 77,725 shares.The stock last traded at $18.69 and had previously closed at $18.63.

RPAR Risk Parity ETF Trading Up 0.2 %

The company’s fifty day moving average is $18.87 and its 200 day moving average is $18.45. The company has a market capitalization of $622.87 million, a P/E ratio of 10.77 and a beta of 0.54.

Institutional Investors Weigh In On RPAR Risk Parity ETF

A hedge fund recently raised its stake in RPAR Risk Parity ETF stock. Lindbrook Capital LLC boosted its stake in shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) by 10.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,067,644 shares of the company’s stock after buying an additional 102,064 shares during the quarter. RPAR Risk Parity ETF makes up 2.0% of Lindbrook Capital LLC’s portfolio, making the stock its 8th largest position. Lindbrook Capital LLC owned 2.01% of RPAR Risk Parity ETF worth $20,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.