Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Reaches New 1-Year High – What’s Next?

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $62.04 and last traded at $61.96, with a volume of 3395 shares changing hands. The stock had previously closed at $61.74.

Hartford Multifactor US Equity ETF Price Performance

The company has a market capitalization of $562.16 million, a price-to-earnings ratio of 18.12 and a beta of 0.85. The stock has a fifty day simple moving average of $60.44 and a 200-day simple moving average of $58.94.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Allworth Financial LP lifted its holdings in Hartford Multifactor US Equity ETF by 224.7% in the third quarter. Allworth Financial LP now owns 1,367 shares of the company’s stock valued at $79,000 after acquiring an additional 946 shares during the period. Keystone Financial Group acquired a new position in Hartford Multifactor US Equity ETF in the third quarter valued at approximately $93,000. Optima Capital LLC acquired a new position in Hartford Multifactor US Equity ETF in the fourth quarter valued at approximately $100,000. UMB Bank n.a. acquired a new position in Hartford Multifactor US Equity ETF in the fourth quarter valued at approximately $153,000. Finally, Lido Advisors LLC purchased a new stake in shares of Hartford Multifactor US Equity ETF in the fourth quarter valued at approximately $204,000.

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.