Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sets New 52-Week High – Here’s What Happened

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $61.79 and last traded at $61.79, with a volume of 19633 shares. The stock had previously closed at $61.64.

Hartford Multifactor US Equity ETF Stock Up 0.2%

The company has a market capitalization of $537.57 million, a PE ratio of 18.12 and a beta of 0.86. The firm’s 50 day simple moving average is $59.85 and its 200-day simple moving average is $57.95.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Hedge funds have recently modified their holdings of the stock. Royal Bank of Canada raised its stake in shares of Hartford Multifactor US Equity ETF by 313.5% during the first quarter. Royal Bank of Canada now owns 61,248 shares of the company’s stock valued at $3,107,000 after purchasing an additional 46,437 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Hartford Multifactor US Equity ETF during the 1st quarter valued at $298,000. Jane Street Group LLC increased its stake in Hartford Multifactor US Equity ETF by 46.2% during the 1st quarter. Jane Street Group LLC now owns 5,795 shares of the company’s stock worth $294,000 after buying an additional 1,830 shares during the period. Assetmark Inc. acquired a new position in Hartford Multifactor US Equity ETF in the 2nd quarter worth $54,000. Finally, Hartford Funds Management Co LLC lifted its holdings in Hartford Multifactor US Equity ETF by 0.3% in the 2nd quarter. Hartford Funds Management Co LLC now owns 914,370 shares of the company’s stock worth $49,093,000 after buying an additional 2,381 shares in the last quarter.

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.