RPAR Risk Parity ETF (NYSEARCA:RPAR) Stock Price Down 0.6% – What’s Next?

RPAR Risk Parity ETF (NYSEARCA:RPAR) shares fell 0.6% during trading on Friday . The company traded as low as $21.51 and last traded at $21.51. 19,188 shares traded hands during trading, a decline of 56% from the average session volume of 43,369 shares. The stock had previously closed at $21.63.

RPAR Risk Parity ETF Stock Down 0.6%

The company has a market cap of $553.45 million, a price-to-earnings ratio of 16.43 and a beta of 0.71. The company has a fifty day simple moving average of $21.46 and a two-hundred day simple moving average of $20.57.

Institutional Investors Weigh In On RPAR Risk Parity ETF

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Flow Traders U.S. LLC purchased a new stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 31,661 shares of the company’s stock, valued at approximately $623,000. Flow Traders U.S. LLC owned approximately 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.