RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Large Volume Increase – What’s Next?

Shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) saw unusually-strong trading volume on Wednesday . Approximately 37,614 shares changed hands during mid-day trading, an increase of 27% from the previous session’s volume of 29,678 shares.The stock last traded at $22.01 and had previously closed at $21.92.

RPAR Risk Parity ETF Trading Up 0.4%

The stock has a market cap of $577.50 million, a price-to-earnings ratio of 16.43 and a beta of 0.69. The firm has a fifty day simple moving average of $22.49 and a 200-day simple moving average of $22.59.

Hedge Funds Weigh In On RPAR Risk Parity ETF

A hedge fund recently bought a new stake in RPAR Risk Parity ETF stock. Main Street Group LTD purchased a new stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 7,422 shares of the company’s stock, valued at approximately $165,000.

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.