PMV Adaptive Risk Parity ETF (NYSEARCA:ARP – Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 13,303 shares, an increase of 5,536.9% from the April 15th total of 236 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 8,466 shares, the short-interest ratio is presently 1.6 days.
PMV Adaptive Risk Parity ETF Trading Up 0.8%
ARP traded up $0.27 on Monday, hitting $33.79. 4,275 shares of the company were exchanged, compared to its average volume of 9,557. The firm has a 50-day moving average price of $32.16 and a two-hundred day moving average price of $31.95. PMV Adaptive Risk Parity ETF has a twelve month low of $27.45 and a twelve month high of $34.00. The company has a market cap of $67.24 million, a price-to-earnings ratio of -3.75 and a beta of 0.46.
Hedge Funds Weigh In On PMV Adaptive Risk Parity ETF
An institutional investor recently raised its position in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC increased its position in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP – Free Report) by 11.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 596,088 shares of the company’s stock after buying an additional 61,364 shares during the period. PMV Adaptive Risk Parity ETF comprises about 31.6% of PMV Capital Advisers LLC’s 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 reporting period. 20.16% of the stock is currently owned by hedge funds and other institutional investors.
About PMV Adaptive Risk Parity ETF
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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