Short Interest in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Drops By 78.3%

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 7,296 shares, a decrease of 78.3% from the July 15th total of 33,619 shares. Based on an average daily trading volume, of 78,577 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Hartford Municipal Opportunities ETF

Institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of Hartford Municipal Opportunities ETF by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,582,613 shares of the company’s stock valued at $61,896,000 after purchasing an additional 79,845 shares in the last quarter. Raymond James Financial Inc. boosted its position in Hartford Municipal Opportunities ETF by 3.7% during the second quarter. Raymond James Financial Inc. now owns 1,186,316 shares of the company’s stock worth $45,412,000 after purchasing an additional 41,834 shares in the last quarter. Bank of America Corp DE grew its holdings in Hartford Municipal Opportunities ETF by 5.2% in the first quarter. Bank of America Corp DE now owns 1,083,043 shares of the company’s stock valued at $41,957,000 after purchasing an additional 53,064 shares during the period. LPL Financial LLC grew its holdings in Hartford Municipal Opportunities ETF by 19.1% in the fourth quarter. LPL Financial LLC now owns 967,398 shares of the company’s stock valued at $37,835,000 after purchasing an additional 155,457 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Hartford Municipal Opportunities ETF by 2.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 770,061 shares of the company’s stock valued at $30,117,000 after buying an additional 15,325 shares in the last quarter.

Hartford Municipal Opportunities ETF Stock Performance

HMOP stock opened at $38.71 on Friday. Hartford Municipal Opportunities ETF has a one year low of $38.13 and a one year high of $39.91. The firm’s fifty day moving average is $38.96 and its 200 day moving average is $39.13.

About Hartford Municipal Opportunities ETF

The Hartford Municipal Opportunities ETF (HMOP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively-managed to provide current income and long-term total return from a broad portfolio of municipal bonds. HMOP was launched on Dec 13, 2017 and is managed by Hartford.