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

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $58.80 and last traded at $58.69, with a volume of 55431 shares changing hands. The stock had previously closed at $58.11.

Hartford Multifactor US Equity ETF Stock Up 1.0%

The stock has a 50-day moving average of $57.40 and a 200 day moving average of $55.50. The stock has a market cap of $527.04 million, a PE ratio of 18.12 and a beta of 0.86.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. increased its position in Hartford Multifactor US Equity ETF by 1.7% during the first quarter. Raymond James Financial Inc. now owns 199,225 shares of the company’s stock worth $10,107,000 after purchasing an additional 3,359 shares during the last quarter. Van Hulzen Asset Management LLC acquired a new stake in shares of Hartford Multifactor US Equity ETF during the 1st quarter worth approximately $638,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Hartford Multifactor US Equity ETF by 8.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 10,027 shares of the company’s stock worth $509,000 after buying an additional 783 shares during the last quarter. Royal Bank of Canada raised its position in shares of Hartford Multifactor US Equity ETF by 313.5% during the 1st quarter. Royal Bank of Canada now owns 61,248 shares of the company’s stock valued at $3,107,000 after buying an additional 46,437 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in Hartford Multifactor US Equity ETF in the first quarter valued at approximately $298,000.

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.