RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Strong Trading Volume – Should You Buy?

Shares of RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report) saw unusually-high trading volume on Wednesday . 31,965 shares were traded during mid-day trading, an increase of 10% from the previous session’s volume of 29,028 shares.The stock last traded at $21.83 and had previously closed at $21.85.

RPAR Risk Parity ETF Stock Down 0.3%

The firm has a 50 day moving average of $22.40 and a 200 day moving average of $22.59. The firm has a market cap of $571.73 million, a PE ratio of 16.43 and a beta of 0.69.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD purchased a new position in shares of RPAR Risk Parity ETF (NYSEARCA:RPARFree Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 7,422 shares of the company’s stock, valued at approximately $165,000.

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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