RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Unusually-High Trading Volume – Here’s What Happened

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw unusually-strong trading volume on Thursday . Approximately 57,115 shares changed hands during trading, an increase of 28% from the previous session’s volume of 44,477 shares.The stock last traded at $21.6950 and had previously closed at $21.66.

RPAR Risk Parity ETF Trading Up 0.1%

The stock has a fifty day simple moving average of $21.30 and a two-hundred day simple moving average of $20.34. The company has a market cap of $557.83 million, a PE ratio of 16.43 and a beta of 0.71.

Institutional Investors Weigh In On RPAR Risk Parity ETF

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Flow Traders U.S. LLC acquired a new position in shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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 at the end of the most recent reporting period.

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.