Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Stock Passes Above 200-Day Moving Average – What’s Next?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODMGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $40.06 and traded as high as $41.17. Hartford Multifactor Developed Markets (ex-US) ETF shares last traded at $41.02, with a volume of 63,036 shares changing hands.

Hartford Multifactor Developed Markets (ex-US) ETF Price Performance

The stock has a 50 day moving average price of $40.99 and a 200-day moving average price of $40.09. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of -94.86 and a beta of 0.65.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RODM. Ascentis Independent Advisors purchased a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the first quarter worth $39,000. Flagship Harbor Advisors LLC acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter worth about $49,000. Webster Bank N. A. acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the first quarter worth about $60,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter worth about $74,000. Finally, Kestra Advisory Services LLC purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at about $112,000. Hedge funds and other institutional investors own 7.13% of the company’s stock.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

(Get Free Report)

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. It also provides research and sales and trading services to institutional investors.

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