Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Reaches New 1-Year High – Here’s What Happened

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) reached a new 52-week high on Thursday . The stock traded as high as $64.91 and last traded at $64.89, with a volume of 29567 shares trading hands. The stock had previously closed at $64.65.

Hartford Multifactor US Equity ETF Stock Performance

The firm has a fifty day moving average price of $61.80 and a two-hundred day moving average price of $60.05. The stock has a market capitalization of $608.28 million, a P/E ratio of 18.12 and a beta of 0.84.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of ROUS. Royal Bank of Canada increased its stake in shares of Hartford Multifactor US Equity ETF by 313.5% in the 1st quarter. Royal Bank of Canada now owns 61,248 shares of the company’s stock worth $3,107,000 after purchasing an additional 46,437 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Hartford Multifactor US Equity ETF in the 1st quarter worth $298,000. Jane Street Group LLC increased its stake in shares of Hartford Multifactor US Equity ETF by 46.2% in the 1st quarter. Jane Street Group LLC now owns 5,795 shares of the company’s stock worth $294,000 after purchasing an additional 1,830 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Hartford Multifactor US Equity ETF by 18.4% in the 2nd quarter. NewEdge Advisors LLC now owns 22,488 shares of the company’s stock worth $1,207,000 after purchasing an additional 3,502 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in shares of Hartford Multifactor US Equity ETF by 32.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 25,135 shares of the company’s stock worth $1,349,000 after purchasing an additional 6,121 shares in the last quarter.

Hartford Multifactor US Equity ETF Company Profile

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.