Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Large Volume Increase – Here’s What Happened

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) shares saw unusually-high trading volume on Thursday . Approximately 69,256 shares were traded during mid-day trading, a decline of 32% from the previous session’s volume of 101,764 shares.The stock last traded at $41.01 and had previously closed at $40.86.

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

The company has a market capitalization of $1.49 billion, a P/E ratio of -95.35 and a beta of 0.64. The business’s 50-day moving average price is $40.90 and its two-hundred day moving average price is $39.22.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC raised its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.4% during the first quarter. NewEdge Advisors LLC now owns 80,263 shares of the exchange traded fund’s stock worth $3,164,000 after purchasing an additional 343 shares during the period. JPMorgan Chase & Co. increased its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 7.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,606 shares of the exchange traded fund’s stock worth $199,000 after purchasing an additional 368 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 6.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,710 shares of the exchange traded fund’s stock worth $265,000 after buying an additional 428 shares during the period. World Investment Advisors lifted its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% in the fourth quarter. World Investment Advisors now owns 78,140 shares of the exchange traded fund’s stock valued at $2,889,000 after buying an additional 449 shares in the last quarter. Finally, Flagstar Advisors Inc. increased its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 1.4% during the fourth quarter. Flagstar Advisors Inc. now owns 49,772 shares of the exchange traded fund’s stock worth $1,840,000 after acquiring an additional 666 shares in the last quarter. 7.13% of the stock is owned by institutional investors and hedge funds.

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.