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

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) shares saw unusually-high trading volume on Wednesday . 37,614 shares were traded during mid-day trading, an increase of 27% from the previous session’s volume of 29,678 shares.The stock last traded at $22.01 and had previously closed at $21.92.

RPAR Risk Parity ETF Trading Down 0.8%

The company has a 50 day simple moving average of $22.44 and a 200 day simple moving average of $22.59. The stock has a market capitalization of $571.20 million, a PE ratio of 16.43 and a beta of 0.69.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD purchased a new position in shares of RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,422 shares of the company’s stock, valued at approximately $165,000.

About RPAR Risk Parity ETF

(Get Free Report)

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.

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