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

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) hit a new 52-week high on Wednesday . The stock traded as high as $66.33 and last traded at $66.24, with a volume of 33394 shares. The stock had previously closed at $65.76.

Hartford Multifactor US Equity ETF Trading Up 0.1%

The company has a fifty day simple moving average of $62.30 and a two-hundred day simple moving average of $60.31. The company has a market cap of $610.59 million, a PE ratio of 18.12 and a beta of 0.84.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ROUS. NorthRock Partners LLC purchased a new position in shares of Hartford Multifactor US Equity ETF in the 3rd quarter valued at about $94,277,000. Royal Bank of Canada increased its holdings in shares of Hartford Multifactor US Equity ETF by 74.0% in the 1st quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock valued at $10,706,000 after acquiring an additional 77,140 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Hartford Multifactor US Equity ETF by 2,891.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 69,948 shares of the company’s stock valued at $4,037,000 after acquiring an additional 67,610 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Hartford Multifactor US Equity ETF by 11.0% in the 4th quarter. LPL Financial LLC now owns 675,705 shares of the company’s stock valued at $38,995,000 after acquiring an additional 66,847 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Hartford Multifactor US Equity ETF by 230.2% in the 4th quarter. NewEdge Advisors LLC now owns 58,715 shares of the company’s stock valued at $3,388,000 after acquiring an additional 40,933 shares during 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.