Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Large Volume Increase – What’s Next?

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) shares saw an uptick in trading volume on Thursday . Approximately 60,398 shares traded hands during trading, an increase of 43% from the previous session’s volume of 42,367 shares.The stock last traded at $67.13 and had previously closed at $66.48.

Hartford Multifactor US Equity ETF Stock Down 0.1%

The stock’s fifty day simple moving average is $65.92 and its 200-day simple moving average is $62.25. The company has a market capitalization of $676.10 million, a PE ratio of 18.12 and a beta of 0.83.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

Hedge funds have recently bought and sold shares of the company. Stifel Financial Corp raised its holdings in Hartford Multifactor US Equity ETF by 4.5% during the fourth quarter. Stifel Financial Corp now owns 5,864 shares of the company’s stock worth $338,000 after purchasing an additional 250 shares during the last quarter. Fermata Advisors LLC grew its holdings in Hartford Multifactor US Equity ETF by 0.3% in the fourth quarter. Fermata Advisors LLC now owns 123,516 shares of the company’s stock valued at $7,128,000 after purchasing an additional 404 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Hartford Multifactor US Equity ETF by 3.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 12,386 shares of the company’s stock valued at $712,000 after buying an additional 422 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Hartford Multifactor US Equity ETF by 1.7% in the first quarter. Janney Montgomery Scott LLC now owns 38,420 shares of the company’s stock valued at $2,268,000 after buying an additional 630 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Hartford Multifactor US Equity ETF by 47.5% in the fourth quarter. Allworth Financial LP now owns 2,017 shares of the company’s stock valued at $116,000 after buying an additional 650 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.