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

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $63.89 and last traded at $63.77, with a volume of 35418 shares trading hands. The stock had previously closed at $63.14.

Hartford Multifactor US Equity ETF Trading Up 1.0%

The firm has a market cap of $589.87 million, a P/E ratio of 18.12 and a beta of 0.84. The company has a fifty day moving average price of $60.88 and a two-hundred day moving average price of $59.42.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

Several institutional investors have recently modified their holdings of the business. Stifel Financial Corp lifted its holdings in shares of Hartford Multifactor US Equity ETF by 4.5% during the 4th quarter. Stifel Financial Corp now owns 5,864 shares of the company’s stock valued at $338,000 after purchasing an additional 250 shares in the last quarter. Fermata Advisors LLC lifted its holdings in shares of Hartford Multifactor US Equity ETF by 0.3% during the 4th quarter. Fermata Advisors LLC now owns 123,516 shares of the company’s stock valued at $7,128,000 after purchasing an additional 404 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Hartford Multifactor US Equity ETF by 3.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 12,386 shares of the company’s stock valued at $712,000 after purchasing an additional 422 shares in the last quarter. Janney Montgomery Scott LLC raised its position in Hartford Multifactor US Equity ETF by 1.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 38,420 shares of the company’s stock valued at $2,268,000 after buying an additional 630 shares during the last quarter. Finally, Allworth Financial LP raised its position in Hartford Multifactor US Equity ETF by 47.5% in the 4th quarter. Allworth Financial LP now owns 2,017 shares of the company’s stock valued at $116,000 after buying an additional 650 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.