Lindbrook Capital LLC Cuts Holdings in RPAR Risk Parity ETF (NYSEARCA:RPAR)

Lindbrook Capital LLC trimmed its position in RPAR Risk Parity ETF (NYSEARCA:RPAR) by 4.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,051,998 shares of the company’s stock after selling 48,350 shares during the quarter. RPAR Risk Parity ETF accounts for approximately 1.8% of Lindbrook Capital LLC’s investment portfolio, making the stock its 9th biggest holding. Lindbrook Capital LLC’s holdings in RPAR Risk Parity ETF were worth $19,657,000 at the end of the most recent reporting period.

Separately, Magnolia Private Wealth LLC acquired a new position in RPAR Risk Parity ETF during the fourth quarter worth approximately $441,000.

RPAR Risk Parity ETF Stock Up 0.3 %

Shares of NYSEARCA RPAR opened at $19.62 on Thursday. The business’s 50 day moving average price is $19.17 and its two-hundred day moving average price is $19.64. The company has a market cap of $541.51 million, a PE ratio of 17.19 and a beta of 0.66. RPAR Risk Parity ETF has a twelve month low of $18.37 and a twelve month high of $20.79.

About RPAR Risk Parity ETF

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.