RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Strong Trading Volume – Time to Buy?

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw unusually-strong trading volume on Thursday . Approximately 163,196 shares were traded during mid-day trading, an increase of 228% from the previous session’s volume of 49,770 shares.The stock last traded at $19.02 and had previously closed at $19.05.

RPAR Risk Parity ETF Price Performance

The company’s fifty day simple moving average is $19.19 and its 200-day simple moving average is $19.66. The firm has a market capitalization of $624.46 million, a PE ratio of 10.60 and a beta of 0.54.

Institutional Trading of RPAR Risk Parity ETF

A hedge fund recently raised its stake in RPAR Risk Parity ETF stock. Lindbrook Capital LLC raised its position in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,100,348 shares of the company’s stock after purchasing an additional 71,023 shares during the quarter. RPAR Risk Parity ETF comprises 2.0% of Lindbrook Capital LLC’s investment portfolio, making the stock its 9th biggest position. Lindbrook Capital LLC owned 3.36% of RPAR Risk Parity ETF worth $22,678,000 at the end of the most recent quarter.

RPAR Risk Parity ETF Company Profile

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.