RPAR Risk Parity ETF (NYSEARCA:RPAR) Trading Down 0.6% – Here’s What Happened

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares fell 0.6% during mid-day trading on Friday . The company traded as low as $21.51 and last traded at $21.51. 19,188 shares changed hands during trading, a decline of 56% from the average session volume of 43,369 shares. The stock had previously closed at $21.63.

RPAR Risk Parity ETF Price Performance

The firm has a market capitalization of $553.45 million, a price-to-earnings ratio of 16.43 and a beta of 0.71. The business’s 50-day moving average price is $21.46 and its 200 day moving average price is $20.58.

Institutional Trading of RPAR Risk Parity ETF

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Flow Traders U.S. LLC purchased a new stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) in the first quarter, according to its most recent filing with the SEC. The fund purchased 31,661 shares of the company’s stock, valued at approximately $623,000. Flow Traders U.S. LLC owned about 0.12% of RPAR Risk Parity ETF at the end of the most recent quarter.

About RPAR Risk Parity ETF

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.