Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Shares Up 1.2% – Here’s Why

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) was up 1.2% on Wednesday . The stock traded as high as $52.10 and last traded at $52.00. Approximately 22,151 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 26,850 shares. The stock had previously closed at $51.40.

Hartford Multifactor US Equity ETF Price Performance

The firm has a market cap of $449.80 million, a price-to-earnings ratio of 18.65 and a beta of 0.78. The firm has a fifty day simple moving average of $52.58 and a two-hundred day simple moving average of $51.16.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in ROUS. Fermata Advisors LLC increased its position in shares of Hartford Multifactor US Equity ETF by 79.0% in the 4th quarter. Fermata Advisors LLC now owns 148,288 shares of the company’s stock valued at $7,546,000 after acquiring an additional 65,438 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Hartford Multifactor US Equity ETF during the 4th quarter valued at about $30,000. Kingsview Wealth Management LLC increased its holdings in shares of Hartford Multifactor US Equity ETF by 4.1% in the third quarter. Kingsview Wealth Management LLC now owns 9,165 shares of the company’s stock valued at $475,000 after purchasing an additional 362 shares during the period. Main Street Financial Solutions LLC raised its stake in shares of Hartford Multifactor US Equity ETF by 3.1% in the third quarter. Main Street Financial Solutions LLC now owns 15,881 shares of the company’s stock worth $824,000 after purchasing an additional 481 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of Hartford Multifactor US Equity ETF by 5,086.3% during the third quarter. International Assets Investment Management LLC now owns 81,528 shares of the company’s stock worth $4,228,000 after purchasing an additional 79,956 shares during the period.

About Hartford Multifactor US Equity ETF

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.