Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Hits New 1-Year High – Time to Buy?

Shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) hit a new 52-week high during trading on Thursday . The company traded as high as $63.49 and last traded at $63.49, with a volume of 23992 shares changing hands. The stock had previously closed at $62.52.

Hartford Multifactor US Equity ETF Stock Up 1.5%

The firm has a market capitalization of $585.92 million, a PE ratio of 18.12 and a beta of 0.85. The stock’s fifty day simple moving average is $60.79 and its 200 day simple moving average is $59.31.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. NorthRock Partners LLC bought a new position in shares of Hartford Multifactor US Equity ETF in the third quarter worth about $94,277,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Hartford Multifactor US Equity ETF by 471.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 17,949 shares of the company’s stock worth $1,036,000 after purchasing an additional 14,810 shares during the period. Marshall Financial Group LLC boosted its stake in Hartford Multifactor US Equity ETF by 12.6% in the 4th quarter. Marshall Financial Group LLC now owns 85,589 shares of the company’s stock worth $4,939,000 after purchasing an additional 9,579 shares during the period. Jones Financial Companies Lllp grew its holdings in Hartford Multifactor US Equity ETF by 54.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 87,015 shares of the company’s stock valued at $4,971,000 after buying an additional 30,753 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in shares of Hartford Multifactor US Equity ETF by 2,891.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 69,948 shares of the company’s stock valued at $4,037,000 after buying an additional 67,610 shares during 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.