Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Large Volume Increase – Here’s Why

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) saw strong trading volume on Wednesday . Approximately 239,899 shares changed hands during mid-day trading, an increase of 453% from the previous session’s volume of 43,368 shares.The stock last traded at $68.20 and had previously closed at $68.44.

Hartford Multifactor US Equity ETF Stock Down 0.2%

The firm has a market capitalization of $716.94 million, a PE ratio of 18.12 and a beta of 0.83. The firm’s 50 day moving average price is $66.61 and its two-hundred day moving average price is $63.22.

Institutional Trading of Hartford Multifactor US Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in Hartford Multifactor US Equity ETF by 11.0% in the fourth quarter. LPL Financial LLC now owns 675,705 shares of the company’s stock worth $38,995,000 after acquiring an additional 66,847 shares during the last quarter. Bank of America Corp DE grew its holdings in Hartford Multifactor US Equity ETF by 7.3% in the 3rd quarter. Bank of America Corp DE now owns 213,773 shares of the company’s stock worth $12,290,000 after buying an additional 14,582 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Hartford Multifactor US Equity ETF by 14.4% during the third quarter. Raymond James Financial Inc. now owns 188,475 shares of the company’s stock valued at $10,835,000 after purchasing an additional 23,675 shares during the period. Royal Bank of Canada increased its stake in Hartford Multifactor US Equity ETF by 74.0% during the 1st quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock valued at $10,706,000 after buying an additional 77,140 shares during the period. Finally, Western Wealth Management LLC increased its stake in Hartford Multifactor US Equity ETF by 12.4% during the 1st quarter. Western Wealth Management LLC now owns 150,426 shares of the company’s stock valued at $8,881,000 after buying an additional 16,566 shares during the period.

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.