Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Reaches New 12-Month High – Should You Buy?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODMGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $42.65 and last traded at $42.5340, with a volume of 8365 shares changing hands. The stock had previously closed at $42.14.

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

The business has a fifty day moving average of $41.43 and a 200 day moving average of $40.83. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of -98.92 and a beta of 0.64.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Cerity Partners LLC raised its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 2.0% during the 4th quarter. Cerity Partners LLC now owns 4,037,300 shares of the exchange traded fund’s stock valued at $149,279,000 after purchasing an additional 77,331 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% in the 1st quarter. Bank of America Corp DE now owns 2,624,425 shares of the exchange traded fund’s stock valued at $103,455,000 after purchasing an additional 15,122 shares during the last quarter. WCG Wealth Advisors LLC boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% in the fourth quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock worth $62,817,000 after purchasing an additional 1,090,433 shares in the last quarter. LPL Financial LLC boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 23.4% in the fourth quarter. LPL Financial LLC now owns 1,089,891 shares of the exchange traded fund’s stock worth $40,299,000 after purchasing an additional 206,980 shares in the last quarter. Finally, Mariner LLC increased its position in Hartford Multifactor Developed Markets (ex-US) ETF by 1.9% during the fourth quarter. Mariner LLC now owns 999,238 shares of the exchange traded fund’s stock worth $36,947,000 after buying an additional 18,256 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

(Get Free Report)

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.

Further Reading

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