PMV Adaptive Risk Parity ETF (ARP)
PMV Adaptive Risk Parity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Dallas, TX, US. The stock last traded at $33.87, up 0.51% on the session, giving a market capitalisation of $58.6M. Its beta of 0.70 implies it has historically moved less than the broad market.
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by taking advantage of broad asset trends throughout the economic cycle. It will obtain investment exposure to a variety of asset classes, including equities (primarily U.S. equities, non-U.S. developed market equities, and emerging market equities), fixed income securities including U.S. Treasuries, broad commodities, physical gold, currencies, and cash.
PMV Adaptive Risk Parity ETF is most often compared with the following Financial Services names: