Hartford Multifactor US Equity ETF (NYSEARCA:ROUS – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 51,111 shares, an increase of 64.7% from the July 15th total of 31,024 shares. Based on an average daily volume of 49,552 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the company’s shares are short sold.
Hedge Funds Weigh In On Hartford Multifactor US Equity ETF
A number of institutional investors have recently modified their holdings of the stock. LPL Financial LLC boosted its holdings in shares of Hartford Multifactor US Equity ETF by 11.0% in the fourth quarter. LPL Financial LLC now owns 675,705 shares of the company’s stock valued at $38,995,000 after purchasing an additional 66,847 shares during the period. Bank of America Corp DE raised its position in Hartford Multifactor US Equity ETF by 7.3% during the 3rd quarter. Bank of America Corp DE now owns 213,773 shares of the company’s stock valued at $12,290,000 after purchasing an additional 14,582 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Hartford Multifactor US Equity ETF by 14.4% in the 3rd quarter. Raymond James Financial Inc. now owns 188,475 shares of the company’s stock worth $10,835,000 after buying an additional 23,675 shares during the period. Royal Bank of Canada grew its position in shares of Hartford Multifactor US Equity ETF by 74.0% during the 1st quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock worth $10,706,000 after buying an additional 77,140 shares in the last quarter. Finally, Western Wealth Management LLC grew its position in shares of Hartford Multifactor US Equity ETF by 12.4% during the 1st quarter. Western Wealth Management LLC now owns 150,426 shares of the company’s stock worth $8,881,000 after buying an additional 16,566 shares in the last quarter.
Hartford Multifactor US Equity ETF Trading Down 0.3%
Shares of NYSEARCA ROUS traded down $0.19 during mid-day trading on Monday, reaching $68.94. The company had a trading volume of 30,453 shares, compared to its average volume of 45,496. The business’s 50-day moving average is $66.92 and its 200-day moving average is $63.71. The stock has a market cap of $723.87 million, a price-to-earnings ratio of 18.12 and a beta of 0.83. Hartford Multifactor US Equity ETF has a 52 week low of $54.85 and a 52 week high of $69.30.
Hartford Multifactor US Equity ETF Company Profile
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.
Featured Articles
- Five stocks we like better than Hartford Multifactor US Equity ETF
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for Hartford Multifactor US Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hartford Multifactor US Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
