Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $34.25 and traded as high as $35.82. Hartford Multifactor Developed Markets (ex-US) ETF shares last traded at $35.74, with a volume of 46,348 shares.

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

The stock has a market capitalization of $1.27 billion, a PE ratio of -83.12 and a beta of 0.72. The firm has a 50 day moving average price of $35.52 and a 200 day moving average price of $34.25.

Institutional Investors Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Several hedge funds and other institutional investors have recently modified their holdings of RODM. Flow Traders U.S. LLC increased its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 214.9% in the 2nd quarter. Flow Traders U.S. LLC now owns 203,183 shares of the exchange traded fund’s stock worth $6,929,000 after purchasing an additional 138,657 shares in the last quarter. Intellus Advisors LLC increased its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 9.5% in the 1st quarter. Intellus Advisors LLC now owns 948,864 shares of the exchange traded fund’s stock worth $29,405,000 after purchasing an additional 82,319 shares in the last quarter. Cerity Partners LLC increased its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 1.5% in the 1st quarter. Cerity Partners LLC now owns 5,385,430 shares of the exchange traded fund’s stock worth $166,894,000 after purchasing an additional 79,804 shares in the last quarter. First PREMIER Bank increased its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 177.5% in the 2nd quarter. First PREMIER Bank now owns 66,600 shares of the exchange traded fund’s stock worth $2,272,000 after purchasing an additional 42,600 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 18.0% in the 1st 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. 7.13% of the stock is currently owned by hedge funds and other institutional investors.

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.