RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Unusually-High Trading Volume – What’s Next?

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares saw strong trading volume on Wednesday . 250,942 shares traded hands during mid-day trading, an increase of 330% from the previous session’s volume of 58,325 shares.The stock last traded at $19.44 and had previously closed at $19.87.

RPAR Risk Parity ETF Stock Down 1.5 %

The company’s fifty day moving average is $20.14 and its 200 day moving average is $19.65. The firm has a market cap of $641.50 million, a price-to-earnings ratio of 10.60 and a beta of 0.54.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in RPAR Risk Parity ETF stock. Lindbrook Capital LLC raised its position in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,100,348 shares of the company’s stock after buying an additional 71,023 shares during the quarter. RPAR Risk Parity ETF accounts for 2.0% of Lindbrook Capital LLC’s holdings, making the stock its 9th biggest holding. Lindbrook Capital LLC owned 3.36% of RPAR Risk Parity ETF worth $22,678,000 at the end of the most recent reporting period.

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.