PMV Adaptive Risk Parity ETF
ARP
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Waldemar Olbryk
- Full Time Employees
- 226
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 15660 Dallas Parkway Dallas TX United States of America 75248
- IPO Date
- Dec 22, 2022
- Website
- pmvcapital.com
- Similar Companies
- Business
- PMV Adaptive Risk Parity ETF (ARP) is an actively managed exchange-traded fund that seeks capital appreciation with lower volatility and reduced correlation to the overall equity market by exploiting broad asset class trends across market cycles; it operates as a fund of funds, investing primarily in exchange-traded products including ETFs and exchange-traded commodity pools to gain exposure to U.S. equities, non-U.S. developed market equities, emerging market equities, fixed income securities such as U.S. Treasuries, broad commodities across energy, precious metals, industrial metals and agriculture sectors, physical gold, currencies, and cash. The fund targets institutional and retail investors seeking diversified, all-weather portfolio diversification beyond traditional stocks and bonds, with a focus on momentum-based security selection informed by risk, return, and correlation measurements. ARP trades on the NYSE Arca exchange under ticker ARP with CUSIP 00791R301, a net expense ratio of 1.47% following contractual fee waivers through February 28, 2026, and total net assets of approximately $49 million. Launched on December 21, 2022 by PMV Capital Advisers, LLC, the fund is headquartered in Dallas, Texas, where the investment adviser was incorporated in March 2020; Vident Asset Management, LLC serves as sub-adviser, with distribution handled by SEI Investments Distribution Co. PMV Capital Advisers, LLC, a registered investment adviser providing retirement, wealth management, and sub-advisory services, oversees portfolio management led by Daniel Snover, CFA. In recent developments, the fund maintained its expense reimbursement agreement through February 2026 to cap total annual operating expenses at 1.20%, filed a Form 497 supplement in March 2025 potentially reflecting portfolio or operational updates, and experienced fluctuating short interest culminating in a significant 91.89% decrease to 300 shares as of November 2025 amid steady asset growth and positive performance metrics including a 1-year NAV return of 12.19%. Institutional ownership expanded with four long-only holders managing 582,243 shares valued at $16.8 million, including Latitude Advisors, LLC and Susquehanna International Group, LLP, reflecting increased interest as of late 2024. No major acquisitions, partnerships, funding rounds, or strategic shifts have been reported for PMV Capital Advisers or ARP in the last 1-2 years.