Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Strong Trading Volume – What’s Next?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) shares saw strong trading volume on Friday . 260,836 shares changed hands during trading, an increase of 161% from the previous session’s volume of 99,759 shares.The stock last traded at $40.6050 and had previously closed at $40.52.

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

The company has a market cap of $1.43 billion, a price-to-earnings ratio of -94.51 and a beta of 0.72. The firm’s 50-day moving average price is $38.29 and its 200 day moving average price is $36.58.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Several institutional investors and hedge funds have recently made changes to their positions in RODM. Allworth Financial LP boosted its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 1.7% in the 2nd quarter. Allworth Financial LP now owns 21,769 shares of the exchange traded fund’s stock worth $742,000 after purchasing an additional 364 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 7.0% in the third quarter. JPMorgan Chase & Co. now owns 5,606 shares of the exchange traded fund’s stock valued at $199,000 after buying an additional 368 shares during the period. World Investment Advisors boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% during the fourth quarter. World Investment Advisors now owns 78,140 shares of the exchange traded fund’s stock worth $2,889,000 after buying an additional 449 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.5% during the 2nd quarter. Cetera Investment Advisers now owns 92,743 shares of the exchange traded fund’s stock worth $3,163,000 after buying an additional 465 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 2.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 21,927 shares of the exchange traded fund’s stock worth $782,000 after buying an additional 579 shares during the period. 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.