PMV Adaptive Risk Parity ETF (ARP) to Issue Annual Dividend of $1.97 on January 7th

by · The Markets Daily

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP – Get Free Report) announced an annual dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 1.9744 per share on Wednesday, January 7th. This represents a yield of 649.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

PMV Adaptive Risk Parity ETF Stock Down 6.0%

NYSEARCA:ARP opened at $30.43 on Wednesday. The firm has a market capitalization of $48.69 million, a PE ratio of -3.38 and a beta of 0.41. PMV Adaptive Risk Parity ETF has a 12-month low of $26.30 and a 12-month high of $32.94. The firm has a 50-day moving average price of $31.73 and a 200 day moving average price of $30.26.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC lifted its position in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP – Free Report) by 6.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 449,397 shares of the company’s stock after purchasing an additional 25,289 shares during the period. PMV Adaptive Risk Parity ETF accounts for approximately 28.5% of PMV Capital Advisers LLC’s investment portfolio, making the stock its biggest holding. PMV Capital Advisers LLC owned approximately 30.36% of PMV Adaptive Risk Parity ETF worth $12,796,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 20.16% of the company’s stock.

About PMV Adaptive Risk Parity ETF

(Get Free Report)

The Pmv Adaptive Risk Parity ETF (ARP) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund-of-funds that allocates to a variety of asset classes: global equities, fixed-income securities, commodities, and currencies based on risk parity. ARP was launched on Dec 21, 2022 and is managed by PMV.

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