Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Hits New 12-Month High – Here’s Why

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $60.29 and last traded at $60.25, with a volume of 22150 shares. The stock had previously closed at $60.18.

Hartford Multifactor US Equity ETF Price Performance

The company has a market cap of $531.41 million, a P/E ratio of 18.12 and a beta of 0.86. The company’s 50-day moving average is $58.45 and its two-hundred day moving average is $56.94.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Assetmark Inc. purchased a new position in Hartford Multifactor US Equity ETF in the 2nd quarter worth about $54,000. Allworth Financial LP boosted its holdings in shares of Hartford Multifactor US Equity ETF by 224.7% during the 3rd quarter. Allworth Financial LP now owns 1,367 shares of the company’s stock valued at $79,000 after acquiring an additional 946 shares during the last quarter. Keystone Financial Group bought a new stake in shares of Hartford Multifactor US Equity ETF in the third quarter worth approximately $93,000. Optima Capital LLC purchased a new position in shares of Hartford Multifactor US Equity ETF during the fourth quarter valued at approximately $100,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Hartford Multifactor US Equity ETF during the second quarter valued at approximately $236,000.

Hartford Multifactor US Equity ETF Company Profile

The Hartford Multifactor US Equity ETF (ROUS) is an exchange-traded fund that is based on the Hartford Multi-factor Large Cap index. The fund tracks an index of US large-cap stocks. The index relies on value, momentum and quality factors, among others. ROUS was launched on Feb 25, 2015 and is managed by Hartford.