RPAR Risk Parity ETF (NYSEARCA:RPAR – Get Free Report)’s share price dropped 0.5% during trading on Thursday . The stock traded as low as $22.12 and last traded at $22.33. Approximately 13,945 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 39,154 shares. The stock had previously closed at $22.45.
RPAR Risk Parity ETF Stock Performance
The stock’s fifty day simple moving average is $22.78 and its two-hundred day simple moving average is $21.88. The company has a market capitalization of $568.20 million, a price-to-earnings ratio of 16.43 and a beta of 0.71.
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.
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