Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sets New 52-Week High – Should You Buy?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $38.96 and last traded at $38.95, with a volume of 75067 shares changing hands. The stock had previously closed at $38.69.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Up 0.5%

The stock has a market cap of $1.37 billion, a P/E ratio of -90.42 and a beta of 0.72. The company has a 50-day moving average price of $37.29 and a two-hundred day moving average price of $36.01.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada grew its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 18.0% in the first quarter. Royal Bank of Canada now owns 199,968 shares of the exchange traded fund’s stock valued at $6,197,000 after purchasing an additional 30,458 shares during the last quarter. Jane Street Group LLC grew its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 2.1% in the 1st quarter. Jane Street Group LLC now owns 70,770 shares of the exchange traded fund’s stock worth $2,193,000 after buying an additional 1,463 shares during the last quarter. Truist Financial Corp boosted its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 3.7% in the second quarter. Truist Financial Corp now owns 86,182 shares of the exchange traded fund’s stock valued at $2,939,000 after acquiring an additional 3,111 shares in the last quarter. Private Trust Co. NA grew its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 15.9% in the second quarter. Private Trust Co. NA now owns 2,415 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 331 shares during the last quarter. Finally, Goldstein Advisors LLC grew its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 0.7% during the 2nd quarter. Goldstein Advisors LLC now owns 432,260 shares of the exchange traded fund’s stock worth $14,740,000 after buying an additional 2,956 shares during the last quarter. 7.13% of the stock is currently owned by institutional investors.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

Direct Markets Holdings Corp., formerly Rodman & Renshaw Capital Group, Inc, is a holding company. Through its subsidiaries, it is engaged in the investment banking business. The Company’s principal operating subsidiary is Rodman & Renshaw, LLC (R&R). It is an investment bank, which provides corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. It also provides research and sales and trading services to institutional investors.