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

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) shares reached a new 52-week high on Friday . The company traded as high as $67.22 and last traded at $67.22, with a volume of 4916 shares. The stock had previously closed at $66.56.

Hartford Multifactor US Equity ETF Price Performance

The stock’s 50 day simple moving average is $63.78 and its two-hundred day simple moving average is $60.98. The stock has a market cap of $620.68 million, a price-to-earnings ratio of 18.12 and a beta of 0.84.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Allworth Financial LP boosted its stake in shares of Hartford Multifactor US Equity ETF by 224.7% in the 3rd quarter. Allworth Financial LP now owns 1,367 shares of the company’s stock valued at $79,000 after purchasing an additional 946 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Hartford Multifactor US Equity ETF during the 1st quarter worth about $94,000. Keystone Financial Group bought a new stake in Hartford Multifactor US Equity ETF during the 3rd quarter worth about $93,000. Optima Capital LLC bought a new stake in shares of Hartford Multifactor US Equity ETF in the 4th quarter valued at about $100,000. Finally, UMB Bank n.a. acquired a new stake in shares of Hartford Multifactor US Equity ETF in the 4th quarter valued at approximately $153,000.

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.