Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sets New 1-Year High – Here’s Why

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $60.89 and last traded at $60.8650, with a volume of 6398 shares traded. The stock had previously closed at $59.80.

Hartford Multifactor US Equity ETF Trading Up 2.3%

The company has a market capitalization of $532.01 million, a PE ratio of 18.12 and a beta of 0.86. The company has a fifty day simple moving average of $58.93 and a 200-day simple moving average of $57.22.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

A number of institutional investors have recently bought and sold shares of ROUS. Royal Bank of Canada grew its stake in shares of Hartford Multifactor US Equity ETF by 313.5% in the 1st quarter. Royal Bank of Canada now owns 61,248 shares of the company’s stock valued at $3,107,000 after buying an additional 46,437 shares during the period. Integrated Wealth Concepts LLC purchased a new position in Hartford Multifactor US Equity ETF in the first quarter worth approximately $298,000. Jane Street Group LLC increased its stake in Hartford Multifactor US Equity ETF by 46.2% during the first quarter. Jane Street Group LLC now owns 5,795 shares of the company’s stock worth $294,000 after acquiring an additional 1,830 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Hartford Multifactor US Equity ETF in the second quarter valued at $236,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of Hartford Multifactor US Equity ETF in the 2nd quarter valued at $652,000.

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.