Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Hits New 52-Week High – Time to Buy?

Shares of Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODMGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $41.89 and last traded at $41.82, with a volume of 65947 shares. The stock had previously closed at $41.61.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Up 0.5%

The stock has a market cap of $1.64 billion, a price-to-earnings ratio of -97.26 and a beta of 0.64. The stock has a 50-day moving average price of $40.99 and a two-hundred day moving average price of $40.31.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Ascentis Independent Advisors acquired a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the first quarter worth $39,000. Flagship Harbor Advisors LLC acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at $49,000. Webster Bank N. A. purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter worth $60,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter worth about $74,000. Finally, Fifth Third Bancorp purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter valued at about $115,000. Hedge funds and other institutional investors own 7.13% of the company’s stock.

About Hartford Multifactor Developed Markets (ex-US) ETF

(Get Free Report)

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.

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