Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $40.90 and traded as high as $41.90. Hartford Multifactor Developed Markets (ex-US) ETF shares last traded at $41.69, with a volume of 108,429 shares trading hands.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Up 0.8%

The company has a fifty day moving average price of $41.68 and a 200 day moving average price of $40.91. The stock has a market cap of $1.65 billion, a PE ratio of -97.72 and a beta of 0.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RODM. Cerity Partners LLC grew its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 2.0% in the 4th quarter. Cerity Partners LLC now owns 4,037,300 shares of the exchange traded fund’s stock worth $149,279,000 after acquiring an additional 77,331 shares during the last quarter. Bank of America Corp DE lifted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% in the 1st quarter. Bank of America Corp DE now owns 2,624,425 shares of the exchange traded fund’s stock worth $103,455,000 after buying an additional 15,122 shares during the period. WCG Wealth Advisors LLC increased its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% during the fourth quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock valued at $62,817,000 after buying an additional 1,090,433 shares during the period. LPL Financial LLC raised its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 23.4% during the fourth quarter. LPL Financial LLC now owns 1,089,891 shares of the exchange traded fund’s stock valued at $40,299,000 after acquiring an additional 206,980 shares in the last quarter. Finally, Mariner LLC boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 1.9% in the fourth quarter. Mariner LLC now owns 999,238 shares of the exchange traded fund’s stock valued at $36,947,000 after acquiring an additional 18,256 shares in the last quarter. Institutional investors 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. It also provides research and sales and trading services to institutional investors.