RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Unusually-High Trading Volume – Still a Buy?

by · The Cerbat Gem

Shares of RPAR Risk Parity ETF (NYSEARCA:RPAR – Get Free Report) saw an uptick in trading volume on Monday . 328,835 shares were traded during trading, an increase of 645% from the previous session’s volume of 44,166 shares.The stock last traded at $21.4850 and had previously closed at $21.50.

RPAR Risk Parity ETF Stock Down 0.2%

The stock has a fifty day moving average price of $21.50 and a two-hundred day moving average price of $20.67. The company has a market cap of $552.17 million, a price-to-earnings ratio of 16.43 and a beta of 0.71.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Flow Traders U.S. LLC bought a new position in shares of RPAR Risk Parity ETF (NYSEARCA:RPAR – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 31,661 shares of the company’s stock, valued at approximately $623,000. Flow Traders U.S. LLC owned 0.12% of RPAR Risk Parity ETF at the end of the most recent quarter.

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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