Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Unusually-High Trading Volume – Time to Buy?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) shares saw an uptick in trading volume on Monday . 146,868 shares changed hands during mid-day trading, an increase of 43% from the previous session’s volume of 102,499 shares.The stock last traded at $30.89 and had previously closed at $31.11.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Performance

The stock’s fifty day simple moving average is $30.32 and its two-hundred day simple moving average is $29.81. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 14.00 and a beta of 0.79.

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

A number of institutional investors and hedge funds have recently modified their holdings of RODM. Flow Traders U.S. LLC acquired a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the third quarter valued at approximately $589,000. HighTower Advisors LLC grew its position in Hartford Multifactor Developed Markets (ex-US) ETF by 1.5% during the third quarter. HighTower Advisors LLC now owns 29,602 shares of the exchange traded fund’s stock valued at $901,000 after purchasing an additional 440 shares in the last quarter. WESCAP Management Group Inc. boosted its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 9.7% during the 3rd quarter. WESCAP Management Group Inc. now owns 110,566 shares of the exchange traded fund’s stock valued at $3,372,000 after buying an additional 9,787 shares during the period. Jane Street Group LLC increased its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 149.8% in the third quarter. Jane Street Group LLC now owns 31,433 shares of the exchange traded fund’s stock worth $959,000 after acquiring an additional 18,849 shares during the last quarter. Finally, World Investment Advisors LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the third quarter valued at about $11,172,000.

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.