Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sets New 1-Year High – Should You Buy?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $36.67 and last traded at $36.6650, with a volume of 11537 shares changing hands. The stock had previously closed at $36.46.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Up 0.6%

The company has a market cap of $1.30 billion, a PE ratio of -85.27 and a beta of 0.72. The stock has a fifty day simple moving average of $35.75 and a two-hundred day simple moving average of $34.92.

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

A number of institutional investors and hedge funds have recently modified their holdings of RODM. US Bancorp DE purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the first quarter worth $51,000. Flow Traders U.S. LLC acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter valued at about $2,000,000. Royal Bank of Canada raised its position in Hartford Multifactor Developed Markets (ex-US) ETF by 18.0% during the first quarter. Royal Bank of Canada now owns 199,968 shares of the exchange traded fund’s stock worth $6,197,000 after acquiring an additional 30,458 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 1.3% in the first quarter. NewEdge Advisors LLC now owns 95,912 shares of the exchange traded fund’s stock valued at $2,972,000 after purchasing an additional 1,257 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 2.1% in the first quarter. Jane Street Group LLC now owns 70,770 shares of the exchange traded fund’s stock valued at $2,193,000 after purchasing an additional 1,463 shares during the last quarter. Institutional investors and hedge funds own 7.13% of the company’s stock.

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.