RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Strong Trading Volume – Here’s Why

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw strong trading volume on Thursday . 163,196 shares were traded during 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 Stock Up 0.4 %

The stock has a fifty day moving average of $19.18 and a 200-day moving average of $19.65. The stock has a market cap of $626.75 million, a PE ratio of 10.60 and a beta of 0.54.

Institutional Investors Weigh In On RPAR Risk Parity ETF

An institutional investor recently raised its position in RPAR Risk Parity ETF stock. Lindbrook Capital LLC lifted its position in shares of 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 institutional investor owned 1,100,348 shares of the company’s stock after acquiring an additional 71,023 shares during the quarter. RPAR Risk Parity ETF accounts for about 2.0% of Lindbrook Capital LLC’s holdings, making the stock its 9th biggest position. Lindbrook Capital LLC owned about 3.36% of RPAR Risk Parity ETF worth $22,678,000 at the end of the most recent reporting period.

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.