Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Reaches New 1-Year High – Here’s Why

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) shares reached a new 52-week high on Wednesday . The stock traded as high as $63.27 and last traded at $62.95, with a volume of 68879 shares changing hands. The stock had previously closed at $62.93.

Hartford Multifactor US Equity ETF Price Performance

The firm has a market cap of $579.17 million, a PE ratio of 18.12 and a beta of 0.85. The business’s fifty day moving average is $60.67 and its 200-day moving average is $59.15.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Several large investors have recently modified their holdings of the stock. NorthRock Partners LLC bought a new stake in shares of Hartford Multifactor US Equity ETF in the 3rd quarter worth approximately $94,277,000. Rockefeller Capital Management L.P. grew 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 during the period. LPL Financial LLC grew 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 during the period. Royal Bank of Canada increased its position in Hartford Multifactor US Equity ETF by 313.5% in the first quarter. Royal Bank of Canada now owns 61,248 shares of the company’s stock worth $3,107,000 after buying an additional 46,437 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in Hartford Multifactor US Equity ETF by 230.2% in the fourth quarter. NewEdge Advisors LLC now owns 58,715 shares of the company’s stock worth $3,388,000 after buying an additional 40,933 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.