RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Large Volume Increase

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares saw unusually-high trading volume on Tuesday . Approximately 174,388 shares traded hands during mid-day trading, an increase of 124% from the previous session’s volume of 77,725 shares.The stock last traded at $18.69 and had previously closed at $18.63.

RPAR Risk Parity ETF Trading Down 0.3 %

The company’s 50-day simple moving average is $18.88 and its 200-day simple moving average is $18.46. The stock has a market capitalization of $619.53 million, a price-to-earnings ratio of 10.77 and a beta of 0.54.

Institutional Investors Weigh In On RPAR Risk Parity ETF

A hedge fund recently raised its stake in RPAR Risk Parity ETF stock. Lindbrook Capital LLC increased its stake in shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,067,644 shares of the company’s stock after acquiring an additional 102,064 shares during the quarter. RPAR Risk Parity ETF makes up about 2.0% of Lindbrook Capital LLC’s portfolio, making the stock its 8th largest position. Lindbrook Capital LLC owned approximately 2.01% of RPAR Risk Parity ETF worth $20,424,000 as of its most recent filing with the Securities & Exchange Commission.

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.