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

RPAR Risk Parity ETF (NYSEARCA:RPAR) hit a new 52-week low during trading on Thursday. The company traded as low as $21.00 and last traded at $20.9990, with a volume of 1314 shares. The stock had previously closed at $21.13.

RPAR Risk Parity ETF Trading Down 0.1%

The business has a fifty day moving average price of $22.13 and a two-hundred day moving average price of $22.38. The company has a market cap of $546.48 million, a price-to-earnings ratio of 16.43 and a beta of 0.69.

RPAR Risk Parity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Monday, September 28th were paid a $0.1071 dividend. The ex-dividend date was Monday, September 28th. This represents a $0.43 annualized dividend and a yield of 2.0%. This is a drop from RPAR Risk Parity ETF’s previous quarterly dividend of $0.2922.

Hedge Funds Weigh In On RPAR Risk Parity ETF

A hedge fund recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD bought a new position in RPAR Risk Parity ETF (NYSEARCA:RPAR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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.