Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Large Volume Increase – Should You Buy?

Hartford Multifactor US Equity ETF (NYSEARCA:ROUSGet Free Report) shares saw strong trading volume on Monday . 628,839 shares traded hands during trading, an increase of 2,058% from the previous session’s volume of 29,136 shares.The stock last traded at $58.0910 and had previously closed at $58.31.

Hartford Multifactor US Equity ETF Stock Performance

The firm has a market cap of $522.01 million, a P/E ratio of 18.12 and a beta of 0.86. The company’s 50 day moving average is $57.35 and its 200 day moving average is $55.39.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Van Hulzen Asset Management LLC raised its holdings in shares of Hartford Multifactor US Equity ETF by 1.9% during the second quarter. Van Hulzen Asset Management LLC now owns 12,822 shares of the company’s stock valued at $688,000 after purchasing an additional 244 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Hartford Multifactor US Equity ETF by 3.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 12,386 shares of the company’s stock worth $712,000 after buying an additional 422 shares during the last quarter. Allworth Financial LP raised its stake in shares of Hartford Multifactor US Equity ETF by 224.7% during the 3rd quarter. Allworth Financial LP now owns 1,367 shares of the company’s stock valued at $79,000 after purchasing an additional 946 shares during the period. Assetmark Inc. purchased a new position in shares of Hartford Multifactor US Equity ETF during the 2nd quarter valued at $54,000. Finally, Keystone Financial Group bought a new position in shares of Hartford Multifactor US Equity ETF in the third quarter worth approximately $93,000.

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.

Further Reading

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