NewEdge Advisors LLC Acquires 11,239 Shares of Hartford Multifactor US Equity ETF $ROUS

NewEdge Advisors LLC grew its holdings in shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) by 19.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 69,954 shares of the company’s stock after purchasing an additional 11,239 shares during the period. NewEdge Advisors LLC owned approximately 0.76% of Hartford Multifactor US Equity ETF worth $4,130,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ROUS. Keystone Financial Group bought a new stake in shares of Hartford Multifactor US Equity ETF in the third quarter worth approximately $93,000. International Assets Investment Management LLC purchased a new position in shares of Hartford Multifactor US Equity ETF in the first quarter worth approximately $94,000. Optima Capital LLC purchased a new position in shares of Hartford Multifactor US Equity ETF in the fourth quarter worth approximately $100,000. Allworth Financial LP grew its position in Hartford Multifactor US Equity ETF by 47.5% during the fourth quarter. Allworth Financial LP now owns 2,017 shares of the company’s stock valued at $116,000 after buying an additional 650 shares during the period. Finally, UMB Bank n.a. purchased a new stake in Hartford Multifactor US Equity ETF during the fourth quarter valued at approximately $153,000.

Hartford Multifactor US Equity ETF Trading Up 0.6%

ROUS opened at $66.57 on Friday. The firm’s 50 day simple moving average is $66.51 and its two-hundred day simple moving average is $63.05. The company has a market capitalization of $697.65 million, a PE ratio of 18.12 and a beta of 0.83. Hartford Multifactor US Equity ETF has a 1-year low of $53.11 and a 1-year high of $67.93.

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.