Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Hits New 1-Year High – Here’s What Happened

Shares of Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) reached a new 52-week high during trading on Monday . The stock traded as high as $39.74 and last traded at $39.9040, with a volume of 124190 shares changing hands. The stock had previously closed at $39.15.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Performance

The company has a market capitalization of $1.42 billion, a PE ratio of -93.53 and a beta of 0.72. The company’s 50-day simple moving average is $37.68 and its 200-day simple moving average is $36.23.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Several institutional investors have recently added to or reduced their stakes in RODM. WCG Wealth Advisors LLC lifted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% during the 4th quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock worth $62,817,000 after acquiring an additional 1,090,433 shares during the period. Bearing Point Capital LLC raised its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 17.6% during the fourth quarter. Bearing Point Capital LLC now owns 280,032 shares of the exchange traded fund’s stock worth $10,354,000 after purchasing an additional 41,811 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 7.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 19,693 shares of the exchange traded fund’s stock worth $728,000 after purchasing an additional 1,280 shares during the last quarter. Empirical Asset Management LLC lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 57.3% during the fourth quarter. Empirical Asset Management LLC now owns 39,679 shares of the exchange traded fund’s stock worth $1,467,000 after purchasing an additional 14,455 shares during the period. Finally, World Investment Advisors grew its position in Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% in the 4th quarter. World Investment Advisors now owns 78,140 shares of the exchange traded fund’s stock valued at $2,889,000 after buying an additional 449 shares during the last quarter. Institutional investors and hedge funds own 7.13% of the company’s stock.

About Hartford Multifactor Developed Markets (ex-US) ETF

Direct Markets Holdings Corp., formerly Rodman & Renshaw Capital Group, Inc, is a holding company. Through its subsidiaries, it is engaged in the investment banking business. The Company’s principal operating subsidiary is Rodman & Renshaw, LLC (R&R). It is an investment bank, which provides corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. It also provides research and sales and trading services to institutional investors.