RPAR Risk Parity ETF (NYSEARCA:RPAR) Stock Price Up 0.4% – Still a Buy?

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report)’s share price shot up 0.4% during trading on Thursday . The stock traded as high as $22.62 and last traded at $22.55. 23,710 shares traded hands during trading, a decline of 18% from the average session volume of 28,903 shares. The stock had previously closed at $22.46.

RPAR Risk Parity ETF Stock Performance

The business’s 50 day moving average price is $22.79 and its two-hundred day moving average price is $22.53. The company has a market capitalization of $595.32 million, a price-to-earnings ratio of 16.43 and a beta of 0.69.

Institutional Investors Weigh In On RPAR Risk Parity ETF

An institutional investor recently bought a new stake in RPAR Risk Parity ETF stock. Main Street Group LTD bought a new position in RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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.

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