RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Strong Trading Volume – Here’s Why

Shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) saw unusually-high trading volume on Friday . Approximately 52,557 shares traded hands during trading, an increase of 18% from the previous session’s volume of 44,709 shares.The stock last traded at $21.2950 and had previously closed at $21.30.

RPAR Risk Parity ETF Stock Performance

The firm’s 50 day moving average is $21.20 and its 200 day moving average is $20.26. The stock has a market cap of $549.21 million, a P/E ratio of 16.43 and a beta of 0.71.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Flow Traders U.S. LLC purchased a new position in RPAR Risk Parity ETF (NYSEARCA:RPAR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 31,661 shares of the company’s stock, valued at approximately $623,000. Flow Traders U.S. LLC owned approximately 0.12% of RPAR Risk Parity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About RPAR Risk Parity ETF

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.