RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Strong Trading Volume – What’s Next?

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares saw unusually-strong trading volume on Friday . Approximately 359,871 shares were traded during trading, an increase of 471% from the previous session’s volume of 62,991 shares.The stock last traded at $19.89 and had previously closed at $19.93.

RPAR Risk Parity ETF Stock Performance

The stock’s 50-day moving average is $19.89 and its two-hundred day moving average is $19.74. The stock has a market cap of $651.99 million, a PE ratio of 10.60 and a beta of 0.54.

Institutional Inflows and Outflows

An institutional investor recently raised its position in RPAR Risk Parity ETF stock. Lindbrook Capital LLC lifted its stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,100,348 shares of the company’s stock after purchasing an additional 71,023 shares during the period. RPAR Risk Parity ETF makes up 2.0% of Lindbrook Capital LLC’s investment portfolio, making the stock its 9th largest holding. Lindbrook Capital LLC owned 3.36% of RPAR Risk Parity ETF worth $22,678,000 as of its most recent filing with the Securities & Exchange Commission.

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.