Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Reaches New 12-Month High – Here’s Why

Shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) hit a new 52-week high during trading on Friday . The stock traded as high as $67.22 and last traded at $67.22, with a volume of 4916 shares traded. The stock had previously closed at $66.56.

Hartford Multifactor US Equity ETF Price Performance

The firm’s 50-day moving average price is $63.78 and its 200-day moving average price is $60.98. The company has a market cap of $620.68 million, a price-to-earnings ratio of 18.12 and a beta of 0.84.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Large investors have recently added to or reduced their stakes in the company. Allworth Financial LP grew its holdings in Hartford Multifactor US Equity ETF by 224.7% during the 3rd quarter. Allworth Financial LP now owns 1,367 shares of the company’s stock valued at $79,000 after purchasing an additional 946 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Hartford Multifactor US Equity ETF during the 1st quarter valued at $94,000. Keystone Financial Group acquired a new stake in Hartford Multifactor US Equity ETF during the 3rd quarter valued at $93,000. Optima Capital LLC acquired a new stake in Hartford Multifactor US Equity ETF during the 4th quarter valued at $100,000. Finally, UMB Bank n.a. acquired a new stake in Hartford Multifactor US Equity ETF during the 4th quarter valued at $153,000.

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.