Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Hits New 12-Month High – Here’s Why

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $59.45 and last traded at $59.45, with a volume of 16629 shares. The stock had previously closed at $59.14.

Hartford Multifactor US Equity ETF Trading Up 0.5%

The firm has a market capitalization of $516.03 million, a P/E ratio of 18.12 and a beta of 0.86. The stock has a 50-day simple moving average of $57.91 and a two-hundred day simple moving average of $56.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Assetmark Inc. purchased a new stake in Hartford Multifactor US Equity ETF during the second quarter valued at approximately $54,000. Allworth Financial LP boosted its position in shares of Hartford Multifactor US Equity ETF by 224.7% in the 3rd quarter. Allworth Financial LP now owns 1,367 shares of the company’s stock worth $79,000 after purchasing an additional 946 shares in the last quarter. Keystone Financial Group purchased a new position in Hartford Multifactor US Equity ETF during the 3rd quarter worth $93,000. Wealth Enhancement Advisory Services LLC acquired a new position in Hartford Multifactor US Equity ETF during the 2nd quarter valued at about $236,000. Finally, Jane Street Group LLC raised its stake in Hartford Multifactor US Equity ETF by 46.2% in the first quarter. Jane Street Group LLC now owns 5,795 shares of the company’s stock valued at $294,000 after buying an additional 1,830 shares during the last quarter.

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.