Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Large Volume Increase – Should You Buy?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) shares saw unusually-strong trading volume on Friday . Approximately 542,054 shares traded hands during mid-day trading, an increase of 640% from the previous session’s volume of 73,258 shares.The stock last traded at $30.16 and had previously closed at $30.36.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Down 0.6 %

The company has a market cap of $1.22 billion, a price-to-earnings ratio of 10.73 and a beta of 0.69. The company’s 50 day moving average price is $29.09 and its 200 day moving average price is $29.49.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Large investors have recently made changes to their positions in the stock. Oakworth Capital Inc. purchased a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at about $34,000. WealthPlan Investment Management LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at about $226,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 11.2% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 14,823 shares of the exchange traded fund’s stock valued at $421,000 after acquiring an additional 1,496 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 5.3% during the 4th quarter. Arkadios Wealth Advisors now owns 15,739 shares of the exchange traded fund’s stock valued at $447,000 after acquiring an additional 796 shares in the last quarter. Finally, Client 1ST Advisory Group LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at about $514,000.

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.