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

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) hit a new 52-week high during trading on Tuesday . The company traded as high as $41.89 and last traded at $41.82, with a volume of 65947 shares changing hands. The stock had previously closed at $41.61.

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

The company’s fifty day moving average is $40.99 and its two-hundred day moving average is $40.31. The company has a market cap of $1.64 billion, a price-to-earnings ratio of -97.26 and a beta of 0.64.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. WCG Wealth Advisors LLC boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% in the 4th quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock worth $62,817,000 after buying an additional 1,090,433 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 59.1% during the third quarter. Raymond James Financial Inc. now owns 892,015 shares of the exchange traded fund’s stock worth $31,689,000 after purchasing an additional 331,480 shares in the last quarter. Susquehanna International Group LLP acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the 3rd quarter valued at $11,161,000. LPL Financial LLC lifted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 23.4% in the 4th quarter. LPL Financial LLC now owns 1,089,891 shares of the exchange traded fund’s stock valued at $40,299,000 after purchasing an additional 206,980 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 1,499.5% during the fourth quarter. Stifel Financial Corp now owns 109,646 shares of the exchange traded fund’s stock worth $4,054,000 after acquiring an additional 102,791 shares during the last quarter. 7.13% of the stock is 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.