RPAR Risk Parity ETF (NYSEARCA:RPAR) Shares Gap Down – Here’s What Happened

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $23.16, but opened at $21.96. RPAR Risk Parity ETF shares last traded at $22.99, with a volume of 917 shares.

RPAR Risk Parity ETF Stock Performance

The firm has a 50-day moving average of $22.63 and a 200-day moving average of $22.37. The firm has a market capitalization of $609.31 million, a P/E ratio of 16.43 and a beta of 0.70.

Institutional Investors Weigh In On RPAR Risk Parity ETF

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD purchased a new stake in RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 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.

Further Reading

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