RPAR Risk Parity ETF (NYSEARCA:RPAR) Reaches New 12-Month Low – Here’s What Happened

RPAR Risk Parity ETF (NYSEARCA:RPAR)’s stock price hit a new 52-week low during trading on Friday. The company traded as low as $20.99 and last traded at $21.03, with a volume of 38,869 shares traded. The stock had previously closed at $21.12.

RPAR Risk Parity ETF Trading Down 0.4%

The business’s fifty day simple moving average is $21.65 and its 200 day simple moving average is $22.34. The stock has a market cap of $536.29 million, a P/E ratio of 16.43 and a beta of 0.70.

RPAR Risk Parity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Monday, September 28th were given a dividend of $0.1071 per share. The ex-dividend date was Monday, September 28th. This is a negative change from RPAR Risk Parity ETF’s previous quarterly dividend of $0.2922. This represents a $0.43 dividend on an annualized basis and a dividend yield of 2.0%.

Institutional Trading of RPAR Risk Parity ETF

A hedge fund recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new position in RPAR Risk Parity ETF (NYSEARCA:RPAR) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 7,422 shares of the company’s stock, valued at approximately $165,000.

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.