RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Strong Trading Volume

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares saw unusually-strong trading volume on Thursday . Approximately 102,351 shares were traded during trading, a decline of 26% from the previous session’s volume of 137,779 shares.The stock last traded at $18.55 and had previously closed at $18.48.

RPAR Risk Parity ETF Price Performance

The firm has a market capitalization of $986.60 million, a P/E ratio of 11.10 and a beta of 0.61. The stock has a fifty day simple moving average of $18.84 and a two-hundred day simple moving average of $19.16.

Institutional Investors Weigh In On RPAR Risk Parity ETF

An institutional investor recently raised its position in RPAR Risk Parity ETF stock. Lindbrook Capital LLC lifted its holdings in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 45.5% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 869,510 shares of the company’s stock after buying an additional 272,070 shares during the period. RPAR Risk Parity ETF makes up approximately 2.0% of Lindbrook Capital LLC’s portfolio, making the stock its 8th biggest holding. Lindbrook Capital LLC owned 1.55% of RPAR Risk Parity ETF worth $17,008,000 at the end of the most recent quarter.

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.