Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Hits New 1-Year High – Time to Buy?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM)’s share price hit a new 52-week high on Thursday . The company traded as high as $42.65 and last traded at $42.5340, with a volume of 8365 shares. The stock had previously closed at $42.14.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Down 0.1%

The company has a market cap of $1.67 billion, a PE ratio of -99.05 and a beta of 0.64. The stock’s 50 day simple moving average is $41.52 and its two-hundred day simple moving average is $40.86.

Hartford Multifactor Developed Markets (ex-US) ETF Dividend Announcement

The business also recently announced a semiannual dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 25th were issued a dividend of $0.6443 per share. This represents a dividend yield of 320.0%. The ex-dividend date was Thursday, June 25th. Hartford Multifactor Developed Markets (ex-US) ETF’s dividend payout ratio (DPR) is presently -267.44%.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ascentis Independent Advisors acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the first quarter valued at approximately $39,000. Webster Bank N. A. purchased a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the first quarter valued at $60,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at $74,000. Fifth Third Bancorp acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter valued at $115,000. Finally, Kestra Advisory Services LLC purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter worth $112,000. 7.13% of the stock is owned by institutional investors and hedge funds.

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