Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Strong Trading Volume – Here’s Why

Shares of Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw unusually-strong trading volume on Monday . Approximately 162,644 shares were traded during trading, an increase of 85% from the previous session’s volume of 87,799 shares.The stock last traded at $36.2050 and had previously closed at $36.32.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Down 0.8%

The company has a 50-day simple moving average of $35.66 and a 200 day simple moving average of $34.63. The company has a market cap of $1.28 billion, a P/E ratio of -83.79 and a beta of 0.72.

Institutional Investors Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Large investors have recently added to or reduced their stakes in the stock. Cerity Partners LLC grew its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 1.6% in the 3rd quarter. Cerity Partners LLC now owns 3,959,969 shares of the exchange traded fund’s stock worth $140,678,000 after acquiring an additional 62,804 shares in the last quarter. Foster & Motley Inc. boosted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.3% in the third quarter. Foster & Motley Inc. now owns 1,976,009 shares of the exchange traded fund’s stock valued at $70,198,000 after purchasing an additional 5,840 shares during the period. Intellus Advisors LLC grew its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 2.1% in the third quarter. Intellus Advisors LLC now owns 1,046,900 shares of the exchange traded fund’s stock worth $37,191,000 after purchasing an additional 21,377 shares in the last quarter. Mariner LLC grew its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 1.4% in the third quarter. Mariner LLC now owns 980,982 shares of the exchange traded fund’s stock worth $34,849,000 after purchasing an additional 13,091 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 59.1% during the 3rd quarter. Raymond James Financial Inc. now owns 892,015 shares of the exchange traded fund’s stock worth $31,689,000 after purchasing an additional 331,480 shares during the period. 7.13% of the stock is owned by hedge funds and other 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.