Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Large Volume Increase – Should You Buy?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) shares saw an uptick in trading volume on Friday . 542,054 shares traded hands during mid-day trading, an increase of 640% from the previous session’s volume of 73,258 shares.The stock last traded at $30.16 and had previously closed at $30.36.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Down 0.6 %

The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 13.94 and a beta of 0.81. The stock’s 50 day moving average price is $29.10 and its two-hundred day moving average price is $29.52.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oakworth Capital Inc. acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter valued at $34,000. WealthPlan Investment Management LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter valued at $226,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 11.2% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 14,823 shares of the exchange traded fund’s stock valued at $421,000 after purchasing an additional 1,496 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 5.3% during the fourth quarter. Arkadios Wealth Advisors now owns 15,739 shares of the exchange traded fund’s stock valued at $447,000 after purchasing an additional 796 shares in the last quarter. Finally, Client 1ST Advisory Group LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter valued at $514,000.

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.