PMV Capital Advisers LLC Grows Position in PMV Adaptive Risk Parity ETF $ARP

PMV Capital Advisers LLC lifted its holdings in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP – Free Report) by 11.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 596,088 shares of the company’s stock after acquiring an additional 61,364 shares during the period. PMV Adaptive Risk Parity ETF makes up about 31.6% of PMV Capital Advisers LLC’s investment portfolio, making the stock its biggest position. PMV Capital Advisers LLC owned 30.41% of PMV Adaptive Risk Parity ETF worth $18,705,000 at the end of the most recent quarter.

PMV Adaptive Risk Parity ETF Price Performance

Shares of NYSEARCA:ARP opened at $32.83 on Monday. PMV Adaptive Risk Parity ETF has a fifty-two week low of $28.18 and a fifty-two week high of $34.00. The business’s fifty day moving average price is $32.92 and its two-hundred day moving average price is $32.32. The stock has a market capitalization of $65.33 million, a price-to-earnings ratio of -3.65 and a beta of 0.46.

Get PMV Adaptive Risk Parity ETF alerts:

PMV Adaptive Risk Parity ETF Profile

(Free Report)

The Pmv Adaptive Risk Parity ETF (ARP) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund-of-funds that allocates to a variety of asset classes: global equities, fixed-income securities, commodities, and currencies based on risk parity. ARP was launched on Dec 21, 2022 and is managed by PMV.

Recommended Stories

• Five stocks we like better than PMV Adaptive Risk Parity ETF
• 3 Inflation-Fighting Stocks Built for Higher Oil Prices
• 3 Biotech Firms With Major Potential Catalysts in the Coming Months
• Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?
• 3 Small-Cap Stocks Getting a Russell 2000 Rebalance Boost

Receive News & Ratings for PMV Adaptive Risk Parity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PMV Adaptive Risk Parity ETF and related companies with MarketBeat.com's FREE daily email newsletter.