Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Strong Trading Volume – What’s Next?

Shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) saw an uptick in trading volume on Friday. 133,115 shares were traded during trading, an increase of 163% from the average daily volume of 50,670 shares. The stock last traded at $66.45 and had previously closed at $66.37.

Hartford Multifactor US Equity ETF Stock Down 0.1%

The firm’s 50-day moving average price is $67.73 and its 200 day moving average price is $64.79. The firm has a market cap of $757.76 million, a P/E ratio of 18.12 and a beta of 0.82.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Several institutional investors have recently bought and sold shares of ROUS. International Assets Investment Management LLC acquired a new position in Hartford Multifactor US Equity ETF during the 1st quarter valued at about $94,000. Allworth Financial LP raised its position in shares of Hartford Multifactor US Equity ETF by 31.9% during the 2nd quarter. Allworth Financial LP now owns 2,665 shares of the company’s stock worth $180,000 after buying an additional 645 shares in the last quarter. CrossGen Wealth LLC acquired a new stake in shares of Hartford Multifactor US Equity ETF in the 3rd quarter worth approximately $247,000. Arkadios Wealth Advisors acquired a new stake in shares of Hartford Multifactor US Equity ETF in the 1st quarter worth approximately $776,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Hartford Multifactor US Equity ETF by 21.2% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 24,967 shares of the company’s stock worth $1,683,000 after acquiring an additional 4,364 shares during the period.

Hartford Multifactor US Equity ETF Company Profile

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.