Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Reaches New 52-Week High – Here’s Why

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $41.74 and last traded at $41.61, with a volume of 52493 shares traded. The stock had previously closed at $41.43.

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

The stock has a 50 day simple moving average of $40.99 and a two-hundred day simple moving average of $40.20. The company has a market cap of $1.61 billion, a PE ratio of -96.42 and a beta of 0.65.

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

A number of institutional investors have recently modified their holdings of the business. Royal Bank of Canada raised its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 18.0% during the first quarter. Royal Bank of Canada now owns 199,968 shares of the exchange traded fund’s stock worth $6,197,000 after purchasing an additional 30,458 shares in the last quarter. Jane Street Group LLC boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 2.1% in the 1st quarter. Jane Street Group LLC now owns 70,770 shares of the exchange traded fund’s stock valued at $2,193,000 after purchasing an additional 1,463 shares in the last quarter. Osaic Holdings Inc. increased its position in Hartford Multifactor Developed Markets (ex-US) ETF by 56.5% during the 2nd quarter. Osaic Holdings Inc. now owns 26,973 shares of the exchange traded fund’s stock worth $920,000 after purchasing an additional 9,739 shares during the period. JPMorgan Chase & Co. increased its position in Hartford Multifactor Developed Markets (ex-US) ETF by 7.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,606 shares of the exchange traded fund’s stock worth $199,000 after purchasing an additional 368 shares during the period. Finally, UBS Group AG raised its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.9% during the 3rd quarter. UBS Group AG now owns 469,646 shares of the exchange traded fund’s stock worth $16,684,000 after buying an additional 4,023 shares in the last quarter. 7.13% of the stock is owned by institutional investors and hedge funds.

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.