RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Large Volume Increase – Here’s What Happened

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw strong trading volume on Thursday . 159,500 shares traded hands during trading, an increase of 197% from the previous session’s volume of 53,631 shares.The stock last traded at $19.52 and had previously closed at $19.62.

RPAR Risk Parity ETF Price Performance

The stock has a market cap of $538.75 million, a price-to-earnings ratio of 17.19 and a beta of 0.66. The stock’s 50-day moving average is $19.19 and its 200-day moving average is $19.64.

Hedge Funds Weigh In On RPAR Risk Parity ETF

A hedge fund recently raised its position in RPAR Risk Parity ETF stock. Lindbrook Capital LLC boosted its holdings in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,100,348 shares of the company’s stock after buying an additional 71,023 shares during the period. RPAR Risk Parity ETF makes up about 2.0% of Lindbrook Capital LLC’s investment portfolio, making the stock its 9th largest position. Lindbrook Capital LLC owned 3.36% of RPAR Risk Parity ETF worth $22,678,000 as of its most recent SEC filing.

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.