Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Stock Price Up 0.6% – Time to Buy?

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) shares rose 0.6% on Thursday . The stock traded as high as $66.78 and last traded at $66.57. 67,162 shares traded hands during mid-day trading, an increase of 55% from the average session volume of 43,357 shares. The stock had previously closed at $66.18.

Hartford Multifactor US Equity ETF Price Performance

The company has a market capitalization of $700.06 million, a P/E ratio of 18.12 and a beta of 0.83. The business’s 50-day moving average price is $66.53 and its two-hundred day moving average price is $63.08.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Hartford Multifactor US Equity ETF by 231.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 41,078 shares of the company’s stock worth $2,371,000 after buying an additional 28,692 shares during the last quarter. Western Wealth Management LLC boosted its stake in shares of Hartford Multifactor US Equity ETF by 6.6% in the 4th quarter. Western Wealth Management LLC now owns 133,860 shares of the company’s stock valued at $7,725,000 after purchasing an additional 8,300 shares in the last quarter. WCG Wealth Advisors LLC acquired a new stake in shares of Hartford Multifactor US Equity ETF in the 4th quarter valued at approximately $1,779,000. Rockefeller Capital Management L.P. grew its holdings in shares of Hartford Multifactor US Equity ETF by 2,891.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 69,948 shares of the company’s stock valued at $4,037,000 after purchasing an additional 67,610 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Hartford Multifactor US Equity ETF by 471.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 17,949 shares of the company’s stock valued at $1,036,000 after purchasing an additional 14,810 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.