Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Strong Trading Volume – Here’s Why

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw unusually-strong trading volume on Thursday . Approximately 69,256 shares were traded during mid-day trading, a decline of 32% from the previous session’s volume of 101,764 shares.The stock last traded at $41.01 and had previously closed at $40.86.

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

The stock’s fifty day moving average is $40.97 and its two-hundred day moving average is $39.28. The company has a market capitalization of $1.50 billion, a PE ratio of -96.51 and a beta of 0.64.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Apollon Financial LLC bought a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at about $1,187,000. Vawter Financial Ltd. bought a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the 3rd quarter valued at about $5,075,000. Empirical Asset Management LLC bought a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the 3rd quarter valued at about $896,000. WCG Wealth Advisors LLC raised its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% in the 4th quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock valued at $62,817,000 after acquiring an additional 1,090,433 shares during the period. Finally, Cerity Partners LLC raised its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 2.0% in the 4th quarter. Cerity Partners LLC now owns 4,037,300 shares of the exchange traded fund’s stock valued at $149,279,000 after acquiring an additional 77,331 shares during the period. 7.13% of the stock is currently owned by institutional investors.

About Hartford Multifactor Developed Markets (ex-US) ETF

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.