Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Reaches New 12-Month High – Still a Buy?

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $68.94 and last traded at $68.94, with a volume of 3615 shares trading hands. The stock had previously closed at $68.06.

Hartford Multifactor US Equity ETF Price Performance

The firm’s fifty day moving average is $66.92 and its two-hundred day moving average is $63.69. The firm has a market capitalization of $725.87 million, a PE ratio of 18.12 and a beta of 0.83.

Institutional Trading of Hartford Multifactor US Equity ETF

A number of large investors have recently bought and sold shares of ROUS. Stifel Financial Corp grew its position in shares of Hartford Multifactor US Equity ETF by 4.5% in the fourth quarter. Stifel Financial Corp now owns 5,864 shares of the company’s stock valued at $338,000 after purchasing an additional 250 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Hartford Multifactor US Equity ETF by 3.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 12,386 shares of the company’s stock worth $712,000 after purchasing an additional 422 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in Hartford Multifactor US Equity ETF by 1.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 38,420 shares of the company’s stock worth $2,268,000 after purchasing an additional 630 shares in the last quarter. Allworth Financial LP lifted its holdings in Hartford Multifactor US Equity ETF by 47.5% during the 4th quarter. Allworth Financial LP now owns 2,017 shares of the company’s stock worth $116,000 after purchasing an additional 650 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Hartford Multifactor US Equity ETF by 1.1% in the 1st quarter. Cetera Investment Advisers now owns 99,961 shares of the company’s stock worth $5,902,000 after purchasing an additional 1,071 shares during the period.

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.