RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Strong Trading Volume – Here’s Why

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares saw an uptick in trading volume on Monday . 138,459 shares traded hands during trading, an increase of 113% from the previous session’s volume of 64,938 shares.The stock last traded at $18.69 and had previously closed at $18.71.

RPAR Risk Parity ETF Price Performance

The stock’s fifty day simple moving average is $19.56 and its two-hundred day simple moving average is $19.74. The company has a market capitalization of $612.66 million, a price-to-earnings ratio of 10.60 and a beta of 0.54.

Hedge Funds 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 RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,100,348 shares of the company’s stock after purchasing an additional 71,023 shares during the quarter. RPAR Risk Parity ETF makes up 2.0% of Lindbrook Capital LLC’s investment portfolio, making the stock its 9th largest holding. Lindbrook Capital LLC owned approximately 3.36% of RPAR Risk Parity ETF worth $22,678,000 as of its most recent filing with the SEC.

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.