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 Thursday . 163,196 shares were traded during trading, an increase of 228% from the previous session’s volume of 49,770 shares.The stock last traded at $19.02 and had previously closed at $19.05.

RPAR Risk Parity ETF Stock Performance

The stock has a market capitalization of $626.75 million, a price-to-earnings ratio of 10.60 and a beta of 0.54. The company has a 50-day moving average of $19.18 and a 200-day moving average of $19.65.

Institutional Inflows and Outflows

An institutional investor recently raised its position in RPAR Risk Parity ETF stock. Lindbrook Capital LLC raised its holdings in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,100,348 shares of the company’s stock after acquiring an additional 71,023 shares during the period. RPAR Risk Parity ETF accounts for about 2.0% of Lindbrook Capital LLC’s holdings, making the stock its 9th biggest position. Lindbrook Capital LLC owned 3.36% of RPAR Risk Parity ETF worth $22,678,000 at the end of the most recent quarter.

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.