Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Reaches New 1-Year High – What’s Next?

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) hit a new 52-week high on Thursday . The stock traded as high as $62.04 and last traded at $61.96, with a volume of 3395 shares. The stock had previously closed at $61.74.

Hartford Multifactor US Equity ETF Price Performance

The firm has a market cap of $562.16 million, a price-to-earnings ratio of 18.12 and a beta of 0.85. The firm has a fifty day simple moving average of $60.44 and a two-hundred day simple moving average of $58.94.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Several institutional investors have recently added to or reduced their stakes in ROUS. Royal Bank of Canada boosted its holdings in Hartford Multifactor US Equity ETF by 313.5% in the first quarter. Royal Bank of Canada now owns 61,248 shares of the company’s stock worth $3,107,000 after acquiring an additional 46,437 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Hartford Multifactor US Equity ETF in the first quarter worth about $298,000. Jane Street Group LLC boosted its holdings in Hartford Multifactor US Equity ETF by 46.2% in the first quarter. Jane Street Group LLC now owns 5,795 shares of the company’s stock worth $294,000 after acquiring an additional 1,830 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Hartford Multifactor US Equity ETF by 18.4% in the second quarter. NewEdge Advisors LLC now owns 22,488 shares of the company’s stock worth $1,207,000 after acquiring an additional 3,502 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in Hartford Multifactor US Equity ETF by 32.2% in the second quarter. Main Street Financial Solutions LLC now owns 25,135 shares of the company’s stock worth $1,349,000 after acquiring an additional 6,121 shares in the last quarter.

Hartford Multifactor US Equity ETF Company Profile

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.