Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $35.71 and traded as high as $37.79. Hartford Multifactor Developed Markets (ex-US) ETF shares last traded at $37.76, with a volume of 65,377 shares.

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

The company has a fifty day simple moving average of $36.85 and a 200-day simple moving average of $35.73. The company has a market cap of $1.33 billion, a P/E ratio of -87.46 and a beta of 0.72.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC boosted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 776.5% in the third quarter. Farther Finance Advisors LLC now owns 1,420 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 1,258 shares during the period. Private Trust Co. NA boosted its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 15.9% in the 2nd quarter. Private Trust Co. NA now owns 2,415 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 331 shares during the period. Root Financial Partners LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter worth approximately $86,000. Keystone Financial Group acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter valued at $189,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 7.0% in the third quarter. JPMorgan Chase & Co. now owns 5,606 shares of the exchange traded fund’s stock valued at $199,000 after purchasing an additional 368 shares in the last quarter. Hedge funds and other institutional investors own 7.13% of the company’s stock.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

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.