Royal Bank of Canada Purchases 77,140 Shares of Hartford Multifactor US Equity ETF $ROUS

Royal Bank of Canada increased its position in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) by 74.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 181,332 shares of the company’s stock after purchasing an additional 77,140 shares during the period. Royal Bank of Canada’s holdings in Hartford Multifactor US Equity ETF were worth $10,706,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ROUS. LPL Financial LLC grew its holdings in Hartford Multifactor US Equity ETF by 11.0% in the 4th quarter. LPL Financial LLC now owns 675,705 shares of the company’s stock worth $38,995,000 after acquiring an additional 66,847 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Hartford Multifactor US Equity ETF by 7.3% during the third quarter. Bank of America Corp DE now owns 213,773 shares of the company’s stock valued at $12,290,000 after acquiring an additional 14,582 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Hartford Multifactor US Equity ETF by 14.4% during the third quarter. Raymond James Financial Inc. now owns 188,475 shares of the company’s stock valued at $10,835,000 after acquiring an additional 23,675 shares during the last quarter. Mariner LLC boosted its holdings in shares of Hartford Multifactor US Equity ETF by 1.0% during the fourth quarter. Mariner LLC now owns 137,290 shares of the company’s stock worth $7,923,000 after purchasing an additional 1,396 shares during the period. Finally, Western Wealth Management LLC boosted its holdings in shares of Hartford Multifactor US Equity ETF by 6.6% during the fourth quarter. Western Wealth Management LLC now owns 133,860 shares of the company’s stock worth $7,725,000 after purchasing an additional 8,300 shares during the period.

Hartford Multifactor US Equity ETF Price Performance

NYSEARCA ROUS opened at $68.29 on Friday. Hartford Multifactor US Equity ETF has a 1 year low of $54.06 and a 1 year high of $68.75. The stock has a market capitalization of $717.05 million, a PE ratio of 18.12 and a beta of 0.83. The business’s 50-day moving average is $66.72 and its 200 day moving average is $63.37.

Hartford Multifactor US Equity ETF 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.