Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Unusually-High Trading Volume – Should You Buy?

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS – Get Free Report) shares saw an uptick in trading volume on Thursday. 102,390 shares were traded during mid-day trading, an increase of 112% from the previous session’s volume of 48,328 shares. The stock last traded at $68.6840 and had previously closed at $68.75.

Hartford Multifactor US Equity ETF Stock Up 0.3%

The stock’s fifty day simple moving average is $67.73 and its 200-day simple moving average is $66.20. The company has a market capitalization of $784.76 million, a PE ratio of 18.12 and a beta of 0.83.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Several hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC acquired a new stake in shares of Hartford Multifactor US Equity ETF during the 1st quarter worth $94,000. Allworth Financial LP boosted its holdings in Hartford Multifactor US Equity ETF by 31.9% in the second quarter. Allworth Financial LP now owns 2,665 shares of the company’s stock valued at $180,000 after acquiring an additional 645 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in Hartford Multifactor US Equity ETF during the first quarter valued at about $776,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Hartford Multifactor US Equity ETF by 21.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 24,967 shares of the company’s stock valued at $1,683,000 after acquiring an additional 4,364 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in Hartford Multifactor US Equity ETF by 1.7% during the first quarter. Janney Montgomery Scott LLC now owns 38,420 shares of the company’s stock valued at $2,268,000 after acquiring an additional 630 shares during the period.

About Hartford Multifactor US Equity ETF

(Get Free Report)

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.

Further Reading

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