RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Large Volume Increase – Here’s What Happened

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw strong trading volume on Thursday . 67,519 shares were traded during trading, an increase of 132% from the previous session’s volume of 29,143 shares.The stock last traded at $22.35 and had previously closed at $22.30.

RPAR Risk Parity ETF Stock Performance

The company’s 50-day moving average price is $22.22 and its 200 day moving average price is $22.58. The stock has a market capitalization of $584.11 million, a PE ratio of 16.43 and a beta of 0.69.

Institutional Trading of RPAR Risk Parity ETF

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:RPAR) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 7,422 shares of the company’s stock, valued at approximately $165,000.

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.