RPAR Risk Parity ETF (NYSEARCA:RPAR) Stock Price Down 0.5% – Time to Sell?

Shares of RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) dropped 0.5% during mid-day trading on Thursday . The company traded as low as $19.46 and last traded at $19.49. Approximately 48,386 shares traded hands during trading, a decline of 20% from the average daily volume of 60,211 shares. The stock had previously closed at $19.58.

RPAR Risk Parity ETF Stock Down 0.5 %

The company has a market capitalization of $540.85 million, a PE ratio of 16.73 and a beta of 0.69. The company has a 50-day moving average price of $19.46 and a two-hundred day moving average price of $19.60.

RPAR Risk Parity ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Thursday, March 27th will be issued a $0.0829 dividend. The ex-dividend date is Thursday, March 27th.

Hedge Funds Weigh In On RPAR Risk Parity ETF

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Magnolia Private Wealth LLC bought a new stake in shares of RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 23,615 shares of the company’s stock, valued at approximately $441,000. Magnolia Private Wealth LLC owned about 0.07% of RPAR Risk Parity ETF at the end of the most recent reporting period.

About RPAR Risk Parity ETF

(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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