Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Stock Price Up 1.2% – Still a Buy?

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)’s stock price was up 1.2% during trading on Wednesday . The company traded as high as $52.10 and last traded at $52.00. Approximately 22,151 shares were traded during trading, a decline of 18% from the average daily volume of 26,850 shares. The stock had previously closed at $51.40.

Hartford Multifactor US Equity ETF Stock Up 1.2 %

The firm’s fifty day moving average price is $52.58 and its 200 day moving average price is $51.16. The stock has a market cap of $449.80 million, a PE ratio of 18.65 and a beta of 0.78.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ROUS. Fermata Advisors LLC grew its position in Hartford Multifactor US Equity ETF by 79.0% in the fourth quarter. Fermata Advisors LLC now owns 148,288 shares of the company’s stock worth $7,546,000 after acquiring an additional 65,438 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Hartford Multifactor US Equity ETF in the 4th quarter worth approximately $30,000. Kingsview Wealth Management LLC increased its position in shares of Hartford Multifactor US Equity ETF by 4.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 9,165 shares of the company’s stock valued at $475,000 after purchasing an additional 362 shares during the last quarter. Main Street Financial Solutions LLC raised its holdings in Hartford Multifactor US Equity ETF by 3.1% during the 3rd quarter. Main Street Financial Solutions LLC now owns 15,881 shares of the company’s stock valued at $824,000 after buying an additional 481 shares during the period. Finally, International Assets Investment Management LLC lifted its position in Hartford Multifactor US Equity ETF by 5,086.3% in the third quarter. International Assets Investment Management LLC now owns 81,528 shares of the company’s stock worth $4,228,000 after buying an additional 79,956 shares during the last quarter.

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.