RPAR Risk Parity ETF (NYSEARCA:RPAR) Sets New 12-Month High – Should You Buy?

RPAR Risk Parity ETF (NYSEARCA:RPARGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $22.96 and last traded at $22.87, with a volume of 6337 shares trading hands. The stock had previously closed at $22.83.

RPAR Risk Parity ETF Stock Performance

The stock has a market cap of $586.47 million, a price-to-earnings ratio of 16.43 and a beta of 0.71. The business has a 50-day simple moving average of $21.83 and a two-hundred day simple moving average of $21.17.

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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