Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sets New 52-Week High – Should You Buy?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $42.48 and last traded at $42.38, with a volume of 12592 shares changing hands. The stock had previously closed at $42.16.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Up 0.6%

The firm has a 50-day moving average price of $41.27 and a two-hundred day moving average price of $40.72. The company has a market capitalization of $1.66 billion, a P/E ratio of -98.65 and a beta of 0.64.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Several hedge funds and other institutional investors have recently bought and sold shares of RODM. WCG Wealth Advisors LLC increased its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% in the 4th quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock valued at $62,817,000 after buying an additional 1,090,433 shares during the period. Raymond James Financial Inc. increased its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 59.1% in the third quarter. Raymond James Financial Inc. now owns 892,015 shares of the exchange traded fund’s stock valued at $31,689,000 after acquiring an additional 331,480 shares during the period. Susquehanna International Group LLP acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the third quarter worth about $11,161,000. LPL Financial LLC lifted its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 23.4% during the fourth quarter. LPL Financial LLC now owns 1,089,891 shares of the exchange traded fund’s stock worth $40,299,000 after purchasing an additional 206,980 shares during the period. Finally, Stifel Financial Corp lifted its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 1,499.5% during the fourth quarter. Stifel Financial Corp now owns 109,646 shares of the exchange traded fund’s stock worth $4,054,000 after purchasing an additional 102,791 shares during the period. 7.13% of the stock is currently owned by institutional investors and hedge funds.

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.