RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Unusually-High Trading Volume – Still a Buy?

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) saw an uptick in trading volume on Thursday . 111,066 shares changed hands during mid-day trading, an increase of 236% from the previous session’s volume of 33,014 shares.The stock last traded at $23.04 and had previously closed at $23.07.

RPAR Risk Parity ETF Price Performance

The stock has a market cap of $608.78 million, a PE ratio of 16.43 and a beta of 0.70. The business has a fifty day moving average of $22.68 and a 200 day moving average of $22.22.

Institutional Trading of RPAR Risk Parity ETF

A hedge fund recently bought a new stake in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new position in shares of RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,422 shares of the company’s stock, valued at approximately $165,000.

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.

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