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

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

Hartford Multifactor US Equity ETF Stock Up 1.0%

The stock has a market cap of $589.87 million, a P/E ratio of 18.12 and a beta of 0.84. The stock has a fifty day simple moving average of $60.88 and a 200-day simple moving average of $59.42.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new position in shares of Hartford Multifactor US Equity ETF during the 1st quarter valued at about $94,000. Janney Montgomery Scott LLC lifted its holdings in shares of Hartford Multifactor US Equity ETF by 1.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 38,420 shares of the company’s stock valued at $2,268,000 after purchasing an additional 630 shares in the last quarter. Rockefeller Capital Management L.P. lifted 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 in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Hartford Multifactor US Equity ETF by 230.2% during the 4th quarter. NewEdge Advisors LLC now owns 58,715 shares of the company’s stock valued at $3,388,000 after purchasing an additional 40,933 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of Hartford Multifactor US Equity ETF by 13.4% during the 4th quarter. Main Street Financial Solutions LLC now owns 29,436 shares of the company’s stock valued at $1,699,000 after purchasing an additional 3,478 shares in 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.