Northwestern Mutual Wealth Management Co. Acquires 28,692 Shares of Hartford Multifactor US Equity ETF $ROUS

Northwestern Mutual Wealth Management Co. raised its position in shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) by 231.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,078 shares of the company’s stock after acquiring an additional 28,692 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Hartford Multifactor US Equity ETF were worth $2,371,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of ROUS. Allworth Financial LP boosted its holdings in Hartford Multifactor US Equity ETF by 224.7% during the third quarter. Allworth Financial LP now owns 1,367 shares of the company’s stock valued at $79,000 after acquiring an additional 946 shares during the period. Keystone Financial Group bought a new stake in Hartford Multifactor US Equity ETF during the third quarter valued at about $93,000. Optima Capital LLC bought a new stake in Hartford Multifactor US Equity ETF during the fourth quarter valued at about $100,000. Jane Street Group LLC boosted its holdings in Hartford Multifactor US Equity ETF by 46.2% during the first quarter. Jane Street Group LLC now owns 5,795 shares of the company’s stock valued at $294,000 after acquiring an additional 1,830 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in Hartford Multifactor US Equity ETF during the first quarter valued at about $298,000.

Hartford Multifactor US Equity ETF Price Performance

ROUS stock opened at $66.24 on Wednesday. Hartford Multifactor US Equity ETF has a 52-week low of $51.66 and a 52-week high of $66.33. The company has a 50-day moving average of $62.06 and a two-hundred day moving average of $60.19. The stock has a market capitalization of $612.72 million, a price-to-earnings ratio of 18.12 and a beta of 0.84.

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.