Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Shares Break Above 50 Day Moving Average – Here’s Why

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS – Get Free Report)’s share price passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $67.69 and traded as high as $67.87. Hartford Multifactor US Equity ETF shares last traded at $67.82, with a volume of 67,758 shares traded.

Hartford Multifactor US Equity ETF Trading Down 0.3%

The firm has a market cap of $798.02 million, a PE ratio of 19.02 and a beta of 0.83. The company has a 50-day simple moving average of $67.74 and a 200 day simple moving average of $64.99.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

Several large investors have recently made changes to their positions in ROUS. International Assets Investment Management LLC purchased a new stake in Hartford Multifactor US Equity ETF during the first quarter worth $94,000. Allworth Financial LP increased its holdings in Hartford Multifactor US Equity ETF by 31.9% in the second quarter. Allworth Financial LP now owns 2,665 shares of the company’s stock valued at $180,000 after buying an additional 645 shares in the last quarter. CrossGen Wealth LLC purchased a new position in Hartford Multifactor US Equity ETF in the third quarter valued at $247,000. Arkadios Wealth Advisors purchased a new position in Hartford Multifactor US Equity ETF in the first quarter valued at $776,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Hartford Multifactor US Equity ETF by 21.2% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 24,967 shares of the company’s stock valued at $1,683,000 after buying an additional 4,364 shares in the last quarter.

Hartford Multifactor US Equity ETF Company Profile

(Get Free Report)

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.

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