Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Large Volume Increase – Here’s What Happened

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) shares saw strong trading volume on Wednesday. 143,939 shares were traded during mid-day trading, an increase of 202% from the previous session’s volume of 47,646 shares. The stock last traded at $67.5450 and had previously closed at $67.65.

Hartford Multifactor US Equity ETF Stock Up 0.5%

The business has a 50-day moving average of $67.69 and a 200-day moving average of $65.62. The stock has a market cap of $766.03 million, a price-to-earnings ratio of 18.12 and a beta of 0.83.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Several large investors have recently made changes to their positions in ROUS. Royal Bank of Canada grew its position in Hartford Multifactor US Equity ETF by 74.0% in the first quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock worth $10,706,000 after acquiring an additional 77,140 shares in the last quarter. Western Wealth Management LLC boosted its holdings in Hartford Multifactor US Equity ETF by 12.4% in the first quarter. Western Wealth Management LLC now owns 150,426 shares of the company’s stock worth $8,881,000 after purchasing an additional 16,566 shares in the last quarter. Cetera Investment Advisers increased its position in Hartford Multifactor US Equity ETF by 1.1% during the first quarter. Cetera Investment Advisers now owns 99,961 shares of the company’s stock worth $5,902,000 after buying an additional 1,071 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Hartford Multifactor US Equity ETF by 19.1% during the first quarter. NewEdge Advisors LLC now owns 69,954 shares of the company’s stock valued at $4,130,000 after buying an additional 11,239 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Hartford Multifactor US Equity ETF by 2,891.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 69,948 shares of the company’s stock worth $4,037,000 after buying an additional 67,610 shares during the last quarter.

About Hartford Multifactor US Equity ETF

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.