Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Reaches New 12-Month High – What’s Next?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) reached a new 52-week high on Tuesday . The company traded as high as $40.77 and last traded at $40.65, with a volume of 74007 shares changing hands. The stock had previously closed at $40.64.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Up 0.0%

The stock has a fifty day moving average price of $38.36 and a 200-day moving average price of $36.63. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of -94.53 and a beta of 0.72.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Several institutional investors have recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter worth approximately $49,000. Farther Finance Advisors LLC raised its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 776.5% in the third quarter. Farther Finance Advisors LLC now owns 1,420 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 1,258 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter worth approximately $74,000. Root Financial Partners LLC acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter worth $86,000. Finally, Kestra Advisory Services LLC acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter worth $112,000. 7.13% of the stock is owned by institutional investors.

About Hartford Multifactor Developed Markets (ex-US) ETF

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.