RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Unusually-High Trading Volume – Still a Buy?

RPAR Risk Parity ETF (NYSEARCA:RPAR – Get Free Report) saw an uptick in trading volume on Wednesday. Approximately 59,678 shares changed hands during trading, an increase of 131% from the average daily volume of 25,861 shares. The stock last traded at $21.4410 and had previously closed at $21.35.

RPAR Risk Parity ETF Price Performance

The firm has a market capitalization of $548.31 million, a PE ratio of 16.43 and a beta of 0.70. The company’s fifty day simple moving average is $21.69 and its 200 day simple moving average is $22.35.

RPAR Risk Parity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Monday, September 28th were given a $0.1071 dividend. This represents a $0.43 annualized dividend and a dividend yield of 2.0%. This is a decrease from RPAR Risk Parity ETF’s previous quarterly dividend of $0.2922. The ex-dividend date of this dividend was Monday, September 28th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new stake in RPAR Risk Parity ETF (NYSEARCA:RPAR – Free Report) in the first quarter, according to its most recent filing with the SEC. The fund acquired 7,422 shares of the company’s stock, valued at approximately $165,000.

RPAR Risk Parity ETF Company Profile

(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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