Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Reaches New 1-Year High – Here’s Why

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $41.53 and last traded at $41.51, with a volume of 44175 shares changing hands. The stock had previously closed at $41.09.

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

The company has a market cap of $1.51 billion, a PE ratio of -96.70 and a beta of 0.65. The stock’s 50-day simple moving average is $40.18 and its 200 day simple moving average is $38.62.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 18.0% in the 1st quarter. Royal Bank of Canada now owns 199,968 shares of the exchange traded fund’s stock valued at $6,197,000 after purchasing an additional 30,458 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 2.1% during the 1st quarter. Jane Street Group LLC now owns 70,770 shares of the exchange traded fund’s stock worth $2,193,000 after buying an additional 1,463 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 56.5% in the 2nd quarter. Osaic Holdings Inc. now owns 26,973 shares of the exchange traded fund’s stock valued at $920,000 after buying an additional 9,739 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 2.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 21,927 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 579 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the third quarter valued at approximately $86,000. 7.13% of the stock is owned by hedge funds and other institutional investors.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

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.