Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $39.51 and traded as high as $41.18. Hartford Multifactor Developed Markets (ex-US) ETF shares last traded at $41.02, with a volume of 66,729 shares.

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

The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of -95.40 and a beta of 0.64. The stock has a fifty day moving average of $41.08 and a two-hundred day moving average of $39.51.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. WCG Wealth Advisors LLC lifted its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% in the fourth quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock worth $62,817,000 after acquiring an additional 1,090,433 shares during the period. Raymond James Financial Inc. boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 59.1% in the third quarter. Raymond James Financial Inc. now owns 892,015 shares of the exchange traded fund’s stock valued at $31,689,000 after acquiring an additional 331,480 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter valued at approximately $11,161,000. LPL Financial LLC increased its position in Hartford Multifactor Developed Markets (ex-US) ETF by 23.4% during 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 during the period. Finally, Vawter Financial Ltd. bought a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter worth approximately $5,075,000. Institutional investors and hedge funds own 7.13% of the company’s stock.

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.