Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Hits New 1-Year High – Time to Buy?

Shares of 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 $40.77 and last traded at $40.65, with a volume of 74007 shares traded. The stock had previously closed at $40.64.

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

The firm’s 50 day moving average price is $38.36 and its 200-day moving average price is $36.63. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of -94.53 and a beta of 0.72.

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

Hedge funds have recently made changes to their positions in the stock. Cerity Partners LLC raised its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 2.0% in the 4th quarter. Cerity Partners LLC now owns 4,037,300 shares of the exchange traded fund’s stock valued at $149,279,000 after acquiring an additional 77,331 shares in the last quarter. Foster & Motley Inc. increased its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 0.3% in the 3rd quarter. Foster & Motley Inc. now owns 1,976,009 shares of the exchange traded fund’s stock valued at $70,198,000 after buying an additional 5,840 shares during the period. WCG Wealth Advisors LLC raised its stake in shares of 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 valued at $62,817,000 after buying an additional 1,090,433 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of 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 worth $40,299,000 after acquiring an additional 206,980 shares during the period. Finally, Intellus Advisors LLC boosted its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 2.1% during the 3rd quarter. Intellus Advisors LLC now owns 1,046,900 shares of the exchange traded fund’s stock valued at $37,191,000 after acquiring an additional 21,377 shares in the last quarter. Institutional investors own 7.13% of the company’s stock.

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.