Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Large Volume Increase – Here’s Why

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) shares saw unusually-high trading volume on Friday . Approximately 58,885 shares changed hands during mid-day trading, an increase of 29% from the previous session’s volume of 45,525 shares.The stock last traded at $68.21 and had previously closed at $68.38.

Hartford Multifactor US Equity ETF Trading Down 0.0%

The firm’s 50-day moving average price is $67.23 and its 200 day moving average price is $64.21. The company has a market cap of $717.78 million, a price-to-earnings ratio of 18.12 and a beta of 0.83.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in shares of Hartford Multifactor US Equity ETF by 74.0% during the first quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock valued at $10,706,000 after purchasing an additional 77,140 shares during the period. Rockefeller Capital Management L.P. increased its position in Hartford Multifactor US Equity ETF by 2,891.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 69,948 shares of the company’s stock valued at $4,037,000 after buying an additional 67,610 shares in the last quarter. LPL Financial LLC raised its stake in Hartford Multifactor US Equity ETF by 11.0% during the 4th quarter. LPL Financial LLC now owns 675,705 shares of the company’s stock worth $38,995,000 after buying an additional 66,847 shares during the period. NewEdge Advisors LLC raised its stake in Hartford Multifactor US Equity ETF by 230.2% during the 4th quarter. NewEdge Advisors LLC now owns 58,715 shares of the company’s stock worth $3,388,000 after buying an additional 40,933 shares during the period. Finally, WCG Wealth Advisors LLC bought a new position in Hartford Multifactor US Equity ETF in the fourth quarter worth approximately $1,779,000.

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.