Magnolia Private Wealth LLC Acquires Shares of 21,842 UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR)

Magnolia Private Wealth LLC bought a new stake in UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 21,842 shares of the company’s stock, valued at approximately $282,000. Magnolia Private Wealth LLC owned approximately 0.34% of UPAR Ultra Risk Parity ETF as of its most recent filing with the SEC.

UPAR Ultra Risk Parity ETF Stock Up 1.0 %

Shares of UPAR Ultra Risk Parity ETF stock opened at $13.92 on Wednesday. The business has a 50-day moving average price of $13.27 and a 200 day moving average price of $13.89. UPAR Ultra Risk Parity ETF has a fifty-two week low of $12.55 and a fifty-two week high of $15.06. The firm has a market cap of $64.03 million, a P/E ratio of 17.20 and a beta of 1.16.

UPAR Ultra Risk Parity ETF Profile

The UPAR Ultra Risk Parity ETF (UPAR) is an exchange-traded fund that is based on the Advanced Research Ultra Risk Parity index. The fund is actively managed to provide leveraged exposure to an index that allocates to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity.