RPAR Risk Parity ETF (NYSEARCA:RPAR) Stock Price Up 0.4% – Here’s Why

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares traded up 0.4% during mid-day trading on Thursday . The company traded as high as $22.62 and last traded at $22.55. 23,710 shares were traded during trading, a decline of 18% from the average session volume of 28,903 shares. The stock had previously closed at $22.46.

RPAR Risk Parity ETF Trading Down 0.1%

The company has a 50-day simple moving average of $22.78 and a 200 day simple moving average of $22.53. The company has a market cap of $594.53 million, a P/E ratio of 16.43 and a beta of 0.69.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,422 shares of the company’s stock, valued at approximately $165,000.

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.