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

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw strong trading volume on Thursday . 135,363 shares traded hands during mid-day trading, an increase of 109% from the previous session’s volume of 64,871 shares.The stock last traded at $18.86 and had previously closed at $18.95.

RPAR Risk Parity ETF Stock Performance

The business has a 50 day moving average price of $19.73 and a two-hundred day moving average price of $19.76. The company has a market cap of $617.25 million, a P/E ratio of 10.60 and a beta of 0.54.

Institutional Trading of RPAR Risk Parity ETF

An institutional investor recently raised its position in RPAR Risk Parity ETF stock. Lindbrook Capital LLC boosted its stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,100,348 shares of the company’s stock after buying an additional 71,023 shares during the period. RPAR Risk Parity ETF accounts for approximately 2.0% of Lindbrook Capital LLC’s portfolio, making the stock its 9th largest position. Lindbrook Capital LLC owned 3.36% of RPAR Risk Parity ETF worth $22,678,000 at the end of the most recent reporting period.

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.