Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Reaches New 1-Year High – Still a Buy?

by · The Markets Daily

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODMGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $37.46 and last traded at $37.43, with a volume of 19274 shares trading hands. The stock had previously closed at $37.39.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Up 0.1%

The company has a market cap of $1.32 billion, a P/E ratio of -86.35 and a beta of 0.72. The firm has a fifty day moving average price of $36.17 and a 200 day moving average price of $35.25.

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

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 18.0% during the first quarter. Royal Bank of Canada now owns 199,968 shares of the exchange traded fund’s stock worth $6,197,000 after purchasing an additional 30,458 shares in the last quarter. NewEdge Advisors LLC raised its position in Hartford Multifactor Developed Markets (ex-US) ETF by 1.3% in the 1st quarter. NewEdge Advisors LLC now owns 95,912 shares of the exchange traded fund’s stock worth $2,972,000 after purchasing an additional 1,257 shares during the last quarter. Jane Street Group LLC lifted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 2.1% during the 1st quarter. Jane Street Group LLC now owns 70,770 shares of the exchange traded fund’s stock worth $2,193,000 after buying an additional 1,463 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 14.6% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 18,886 shares of the exchange traded fund’s stock valued at $644,000 after buying an additional 2,410 shares during the last quarter. Finally, Sovran Advisors LLC boosted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 28.3% in the 2nd quarter. Sovran Advisors LLC now owns 18,823 shares of the exchange traded fund’s stock valued at $640,000 after buying an additional 4,156 shares during the last quarter. 7.13% of the stock is owned by institutional investors.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

(Get Free Report)

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.

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