RPAR Risk Parity ETF (NYSEARCA:RPAR) Sets New 12-Month High – Still a Buy?

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $23.13 and last traded at $23.0710, with a volume of 49929 shares changing hands. The stock had previously closed at $22.98.

RPAR Risk Parity ETF Stock Performance

The stock has a 50-day moving average of $22.02 and a 200 day moving average of $21.34. The firm has a market capitalization of $605.65 million, a P/E ratio of 16.43 and a beta of 0.71.

About RPAR Risk Parity ETF

(Get Free Report)

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.

Further Reading

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