PMV Adaptive Risk Parity ETF (NYSEARCA:ARP – Get Free Report) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 5,182 shares, a drop of 39.5% from the September 15th total of 8,560 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 11,814 shares, the short-interest ratio is currently 0.4 days.
PMV Adaptive Risk Parity ETF Stock Down 0.2%
PMV Adaptive Risk Parity ETF stock traded down $0.09 during midday trading on Friday, hitting $34.23. 7,135 shares of the stock were exchanged, compared to its average volume of 8,643. PMV Adaptive Risk Parity ETF has a 52 week low of $30.20 and a 52 week high of $34.68. The stock has a market capitalization of $74.27 million, a PE ratio of -3.80 and a beta of 0.48. The company has a fifty day simple moving average of $34.21 and a two-hundred day simple moving average of $33.21.
Institutional Inflows and Outflows
An institutional investor recently raised its position in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC increased its holdings in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP – Free Report) by 11.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 596,088 shares of the company’s stock after purchasing an additional 61,364 shares during the quarter. PMV Adaptive Risk Parity ETF accounts for 31.6% of PMV Capital Advisers LLC’s holdings, making the stock its biggest position. PMV Capital Advisers LLC owned approximately 30.41% of PMV Adaptive Risk Parity ETF worth $18,705,000 as of its most recent SEC filing. Institutional investors and hedge funds own 20.16% of the company’s stock.
PMV Adaptive Risk Parity ETF Company Profile
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.
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