Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sets New 12-Month High – Here’s Why

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM)’s stock price reached a new 52-week high on Monday . The stock traded as high as $37.69 and last traded at $37.7340, with a volume of 6021 shares trading hands. The stock had previously closed at $37.60.

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

The stock has a market cap of $1.32 billion, a P/E ratio of -87.07 and a beta of 0.72. The stock has a 50-day simple moving average of $36.67 and a 200-day simple moving average of $35.61.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 18.0% in the first quarter. Royal Bank of Canada now owns 199,968 shares of the exchange traded fund’s stock valued at $6,197,000 after buying an additional 30,458 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 2.1% during the first quarter. Jane Street Group LLC now owns 70,770 shares of the exchange traded fund’s stock worth $2,193,000 after buying an additional 1,463 shares in the last quarter. Sovran Advisors LLC lifted its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 28.3% in the 2nd quarter. Sovran Advisors LLC now owns 18,823 shares of the exchange traded fund’s stock valued at $640,000 after acquiring an additional 4,156 shares during the last quarter. First PREMIER Bank boosted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 177.5% during the 2nd quarter. First PREMIER Bank now owns 66,600 shares of the exchange traded fund’s stock valued at $2,272,000 after acquiring an additional 42,600 shares in the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 18.5% during the 2nd quarter. AdvisorNet Financial Inc now owns 6,754 shares of the exchange traded fund’s stock valued at $230,000 after acquiring an additional 1,055 shares in the last quarter. 7.13% of the stock is currently owned by institutional investors and hedge funds.

About Hartford Multifactor Developed Markets (ex-US) ETF

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.