Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Unusually-High Trading Volume – Here’s What Happened

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) saw unusually-high trading volume on Tuesday . Approximately 148,350 shares changed hands during trading, an increase of 275% from the previous session’s volume of 39,564 shares.The stock last traded at $67.34 and had previously closed at $67.13.

Hartford Multifactor US Equity ETF Stock Performance

The stock has a market cap of $623.08 million, a price-to-earnings ratio of 18.12 and a beta of 0.84. The company’s 50 day simple moving average is $65.20 and its two-hundred day simple moving average is $61.74.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

A number of hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its position in Hartford Multifactor US Equity ETF by 19.1% during the first quarter. NewEdge Advisors LLC now owns 69,954 shares of the company’s stock valued at $4,130,000 after purchasing an additional 11,239 shares during the last quarter. Western Wealth Management LLC increased its position in Hartford Multifactor US Equity ETF by 12.4% in the 1st quarter. Western Wealth Management LLC now owns 150,426 shares of the company’s stock worth $8,881,000 after purchasing an additional 16,566 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of Hartford Multifactor US Equity ETF during the 1st quarter worth about $776,000. Royal Bank of Canada raised its stake in shares of Hartford Multifactor US Equity ETF by 74.0% during the 1st quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock worth $10,706,000 after purchasing an additional 77,140 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Hartford Multifactor US Equity ETF by 1.1% during the 1st quarter. Cetera Investment Advisers now owns 99,961 shares of the company’s stock worth $5,902,000 after purchasing an additional 1,071 shares in the last quarter.

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.