Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $35.71 and traded as high as $37.79. Hartford Multifactor Developed Markets (ex-US) ETF shares last traded at $37.76, with a volume of 65,377 shares changing hands.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Up 0.2%

The company has a market capitalization of $1.33 billion, a P/E ratio of -87.81 and a beta of 0.72. The firm’s 50-day moving average price is $36.82 and its 200 day moving average price is $35.71.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of RODM. Farther Finance Advisors LLC grew its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 776.5% during the third quarter. Farther Finance Advisors LLC now owns 1,420 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 1,258 shares in the last quarter. Private Trust Co. NA boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 15.9% during the 2nd quarter. Private Trust Co. NA now owns 2,415 shares of the exchange traded fund’s stock worth $82,000 after acquiring an additional 331 shares during the last quarter. Root Financial Partners LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter worth $86,000. Keystone Financial Group bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 3rd quarter worth $189,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 7.0% in the third quarter. JPMorgan Chase & Co. now owns 5,606 shares of the exchange traded fund’s stock valued at $199,000 after purchasing an additional 368 shares during the last quarter. 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.