The RPAR Risk Parity ETF (NYSEARCA:RPAR) experienced significant trading activity on Friday, with a total of 32,081 shares changing hands. This marked a 6% decrease from the previous session, where 34,063 shares were traded. As of the last transaction, the ETF was priced at $22.46, slightly up from its previous closing price of $22.30.
Trading Performance and Market Metrics
The RPAR Risk Parity ETF has exhibited varied performance over recent months. Its 50-day moving average price stands at $21.68, while the 200-day moving average price is recorded at $21.06. The ETF currently holds a market capitalization of approximately $587.35 million, with a price-to-earnings (PE) ratio of 16.43 and a beta of 0.71, indicating lower volatility compared to the broader market.
The RPAR Risk Parity ETF is designed to follow the Advanced Research Risk Parity index and is an actively managed fund-of-funds. It allocates investments across four principal asset classes: global equities, US Treasuries, commodities, and Treasury Inflation-Protected Securities (TIPS). Launched on December 13, 2019, the fund aims to achieve a balanced risk exposure among these asset classes.
Investors considering the RPAR ETF can keep abreast of its performance and related news by subscribing to MarketBeat’s daily email newsletter. This service provides concise summaries of the latest developments and analysts’ ratings for RPAR and comparable funds.
As trading continues, market participants will be watching closely to see if this elevated activity translates into longer-term trends for the RPAR Risk Parity ETF.
