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

Shares of Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw strong trading volume on Monday . Approximately 367,516 shares were traded during trading, an increase of 256% from the previous session’s volume of 103,187 shares.The stock last traded at $40.31 and had previously closed at $40.32.

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

The company has a market cap of $1.46 billion, a PE ratio of -93.91 and a beta of 0.64. The business’s 50-day moving average is $41.04 and its 200 day moving average is $39.62.

Institutional Investors Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Institutional investors have recently bought and sold shares of the stock. Western Wealth Management LLC bought a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter worth approximately $227,000. NewEdge Advisors LLC lifted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 0.4% in the first quarter. NewEdge Advisors LLC now owns 80,263 shares of the exchange traded fund’s stock valued at $3,164,000 after purchasing an additional 343 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% during the first quarter. Bank of America Corp DE now owns 2,624,425 shares of the exchange traded fund’s stock valued at $103,455,000 after purchasing an additional 15,122 shares during the period. Royal Bank of Canada boosted its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 11.0% during the first quarter. Royal Bank of Canada now owns 226,226 shares of the exchange traded fund’s stock valued at $8,918,000 after purchasing an additional 22,504 shares during the period. Finally, Waverly Advisors LLC bought a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the first quarter worth approximately $306,000. 7.13% of the stock is currently owned by hedge funds and other institutional investors.

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.