Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $41.30 and traded as high as $42.11. Hartford Multifactor Developed Markets (ex-US) ETF shares last traded at $41.94, with a volume of 107,881 shares trading hands.

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

The firm has a market capitalization of $1.67 billion, a P/E ratio of -97.53 and a beta of 0.64. The firm has a 50-day moving average of $41.70 and a 200-day moving average of $41.30.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of RODM. Bank of America Corp DE lifted its holdings 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 in the last quarter. Goldstein Advisors LLC increased its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 0.4% in the 3rd quarter. Goldstein Advisors LLC now owns 473,459 shares of the exchange traded fund’s stock worth $19,293,000 after buying an additional 1,724 shares in the last quarter. Cetera Investment Advisers increased its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 1.8% in the 1st quarter. Cetera Investment Advisers now owns 388,444 shares of the exchange traded fund’s stock worth $15,312,000 after buying an additional 6,997 shares in the last quarter. Royal Bank of Canada increased its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 11.0% in the 1st quarter. Royal Bank of Canada now owns 226,226 shares of the exchange traded fund’s stock worth $8,918,000 after buying an additional 22,504 shares in the last quarter. Finally, Howard Financial Services LTD. raised its position in Hartford Multifactor Developed Markets (ex-US) ETF by 0.9% in the 2nd quarter. Howard Financial Services LTD. now owns 88,991 shares of the exchange traded fund’s stock worth $3,596,000 after buying an additional 787 shares during the last quarter. Hedge funds and other institutional investors own 7.13% of the company’s stock.

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.