NewEdge Advisors LLC Buys 11,239 Shares of Hartford Multifactor US Equity ETF $ROUS

NewEdge Advisors LLC grew its stake in shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) by 19.1% during the first quarter, Holdings Channel reports. The institutional investor owned 69,954 shares of the company’s stock after buying an additional 11,239 shares during the period. NewEdge Advisors LLC’s holdings in Hartford Multifactor US Equity ETF were worth $4,130,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ROUS. Royal Bank of Canada increased its holdings in Hartford Multifactor US Equity ETF by 74.0% in the 1st quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock worth $10,706,000 after acquiring an additional 77,140 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Hartford Multifactor US Equity ETF by 2,891.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 69,948 shares of the company’s stock valued at $4,037,000 after purchasing an additional 67,610 shares in the last quarter. LPL Financial LLC lifted its holdings in Hartford Multifactor US Equity ETF by 11.0% during the fourth quarter. LPL Financial LLC now owns 675,705 shares of the company’s stock valued at $38,995,000 after purchasing an additional 66,847 shares in the last quarter. WCG Wealth Advisors LLC bought a new position in shares of Hartford Multifactor US Equity ETF in the fourth quarter worth approximately $1,779,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Hartford Multifactor US Equity ETF by 231.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 41,078 shares of the company’s stock worth $2,371,000 after purchasing an additional 28,692 shares during the period.

Hartford Multifactor US Equity ETF Price Performance

Shares of NYSEARCA ROUS opened at $66.57 on Friday. The firm has a fifty day moving average price of $66.51 and a 200-day moving average price of $63.05. The stock has a market cap of $697.65 million, a PE ratio of 18.12 and a beta of 0.83. Hartford Multifactor US Equity ETF has a 1 year low of $53.11 and a 1 year high of $67.93.

Hartford Multifactor US Equity ETF 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.