Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Hits New 12-Month High – Time to Buy?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) reached a new 52-week high on Tuesday . The company traded as high as $41.74 and last traded at $41.65, with a volume of 10605 shares changing hands. The stock had previously closed at $41.48.

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

The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of -96.72 and a beta of 0.65. The stock has a fifty day moving average of $40.36 and a two-hundred day moving average of $38.79.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ascentis Independent Advisors acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the first quarter valued at $39,000. Flagship Harbor Advisors LLC bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at $49,000. Webster Bank N. A. bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter valued at $60,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at $74,000. Finally, Fifth Third Bancorp bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter valued at $115,000. 7.13% of the stock is currently owned by institutional investors and hedge funds.

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.