LOS ANGELES, June 29, 2020 (GLOBE NEWSWIRE) — Advanced Research Investment Solutions (ARIS), the Los Angeles-based wealth management and consulting firm with $12 billion in assets under management (AUM), today announced the RPAR Risk Parity ETF (NYSE: RPAR) has surpassed $500 million in AUM, just 6 months following its launch in December 2019. The fund seeks to provide investors with low-cost and tax-efficient passive exposure to a risk parity investment strategy. According to Yahoo! Finance, RPAR is one of fastest growing ETFs of 20201 and has been nominated for Newcomer Alternative ETF of the Year by Fund Intelligence2. It was also recently named the Best New Alternatives ETF of the Year by etf.com3.
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