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

Shares of RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) saw unusually-strong trading volume on Friday . Approximately 153,831 shares were traded during mid-day trading, an increase of 447% from the previous session’s volume of 28,124 shares.The stock last traded at $22.21 and had previously closed at $22.08.

RPAR Risk Parity ETF Trading Up 1.0%

The stock has a market cap of $583.85 million, a price-to-earnings ratio of 16.43 and a beta of 0.69. The firm has a fifty day simple moving average of $22.28 and a 200-day simple moving average of $22.58.

Hedge Funds Weigh In On RPAR Risk Parity ETF

An institutional investor recently bought a new stake in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new position in shares of RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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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