RPAR Risk Parity ETF (NYSEARCA:RPAR) Sets New 12-Month High – Still a Buy?

RPAR Risk Parity ETF (NYSEARCA:RPAR) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $21.91 and last traded at $21.8650, with a volume of 305 shares traded. The stock had previously closed at $21.82.

RPAR Risk Parity ETF Stock Performance

The firm has a fifty day moving average price of $21.55 and a 200 day moving average price of $20.80. The firm has a market capitalization of $561.69 million, a price-to-earnings ratio of 16.43 and a beta of 0.71.

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.