RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Large Volume Increase – Should You Buy?

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw unusually-strong trading volume on Thursday . Approximately 135,363 shares changed hands during mid-day trading, an increase of 109% from the previous session’s volume of 64,871 shares.The stock last traded at $18.86 and had previously closed at $18.95.

RPAR Risk Parity ETF Stock Performance

The business’s 50 day simple moving average is $19.68 and its 200-day simple moving average is $19.75. The company has a market cap of $619.54 million, a price-to-earnings ratio of 10.60 and a beta of 0.54.

Institutional Investors Weigh In On RPAR Risk Parity ETF

A hedge fund recently raised its stake in RPAR Risk Parity ETF stock. Lindbrook Capital LLC raised its holdings in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 6.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,100,348 shares of the company’s stock after acquiring an additional 71,023 shares during the quarter. RPAR Risk Parity ETF comprises approximately 2.0% of Lindbrook Capital LLC’s holdings, making the stock its 9th largest position. Lindbrook Capital LLC owned about 3.36% of RPAR Risk Parity ETF worth $22,678,000 at the end of the most recent quarter.

About RPAR Risk Parity ETF

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.