Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Strong Trading Volume – Here’s Why

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw strong trading volume on Wednesday . Approximately 89,066 shares were traded during trading, a decline of 7% from the previous session’s volume of 96,169 shares.The stock last traded at $42.23 and had previously closed at $41.94.

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

The business’s fifty day simple moving average is $41.24 and its two-hundred day simple moving average is $40.67. The company has a market cap of $1.64 billion, a PE ratio of -97.51 and a beta of 0.64.

Institutional Investors Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

A number of institutional investors have recently modified their holdings of the business. Ascentis Independent Advisors acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter worth about $39,000. Webster Bank N. A. acquired a new stake in 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 purchased a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter worth about $74,000. Fifth Third Bancorp purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter worth approximately $115,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter worth approximately $112,000. 7.13% of the stock is currently owned by institutional investors and hedge funds.

About Hartford Multifactor Developed Markets (ex-US) ETF

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.