Hartford Large Cap Growth ETF (BATS:HFGO) Sees Significant Drop in Short Interest

Hartford Large Cap Growth ETF (BATS:HFGO) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 25,264 shares, a decrease of 39.7% from the July 15th total of 41,901 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 18,680 shares, the days-to-cover ratio is currently 1.4 days.

Hartford Large Cap Growth ETF Price Performance

BATS HFGO opened at $30.40 on Tuesday. Hartford Large Cap Growth ETF has a fifty-two week low of $23.25 and a fifty-two week high of $31.08. The stock’s 50-day moving average is $29.02 and its two-hundred day moving average is $27.61. The firm has a market cap of $195.47 million, a P/E ratio of 35.14 and a beta of 1.28.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. acquired a new stake in Hartford Large Cap Growth ETF in the 1st quarter worth approximately $29,000. World Investment Advisors raised its position in shares of Hartford Large Cap Growth ETF by 15.4% in the first quarter. World Investment Advisors now owns 19,325 shares of the company’s stock valued at $472,000 after purchasing an additional 2,582 shares during the period. Harborfront Financial Group LLC acquired a new stake in shares of Hartford Large Cap Growth ETF in the fourth quarter worth $462,000. Mariner LLC lifted its stake in shares of Hartford Large Cap Growth ETF by 4.1% in the fourth quarter. Mariner LLC now owns 413,766 shares of the company’s stock worth $11,296,000 after buying an additional 16,355 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Hartford Large Cap Growth ETF by 31.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 15,818 shares of the company’s stock worth $432,000 after buying an additional 3,828 shares during the period.

About Hartford Large Cap Growth ETF

The Hartford Large Cap Growth ETF (HFGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an active, non-transparent fund that invests in large-cap stocks that are perceived to exhibit long-term growth potential. The fund utilizes the Fidelity non-transparent model. HFGO was launched on Nov 9, 2021 and is managed by Hartford.