RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Large Volume Increase – Still a Buy?

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares saw strong trading volume on Monday . 328,835 shares changed hands during mid-day trading, an increase of 645% from the previous session’s volume of 44,166 shares.The stock last traded at $21.4850 and had previously closed at $21.50.

RPAR Risk Parity ETF Stock Performance

The stock has a market cap of $551.14 million, a P/E ratio of 16.43 and a beta of 0.71. The stock’s 50-day moving average is $21.51 and its 200-day moving average is $20.69.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Flow Traders U.S. LLC bought a new position in RPAR Risk Parity ETF (NYSEARCA:RPAR) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 31,661 shares of the company’s stock, valued at approximately $623,000. Flow Traders U.S. LLC owned 0.12% of RPAR Risk Parity ETF 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.