Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) saw strong trading volume on Tuesday . 148,350 shares traded hands during mid-day trading, an increase of 275% from the previous session’s volume of 39,564 shares.The stock last traded at $67.34 and had previously closed at $67.13.

Hartford Multifactor US Equity ETF Price Performance

The company has a fifty day moving average price of $65.20 and a two-hundred day moving average price of $61.74. The firm has a market cap of $623.08 million, a price-to-earnings ratio of 18.12 and a beta of 0.84.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

Several large investors have recently made changes to their positions in ROUS. Stifel Financial Corp lifted its stake in Hartford Multifactor US Equity ETF by 4.5% in the 4th quarter. Stifel Financial Corp now owns 5,864 shares of the company’s stock worth $338,000 after acquiring an additional 250 shares in the last quarter. Fermata Advisors LLC grew its stake in Hartford Multifactor US Equity ETF by 0.3% during the 4th quarter. Fermata Advisors LLC now owns 123,516 shares of the company’s stock valued at $7,128,000 after acquiring an additional 404 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Hartford Multifactor US Equity ETF by 3.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 12,386 shares of the company’s stock valued at $712,000 after acquiring an additional 422 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Hartford Multifactor US Equity ETF by 1.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 38,420 shares of the company’s stock valued at $2,268,000 after purchasing an additional 630 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of Hartford Multifactor US Equity ETF by 47.5% in the 4th quarter. Allworth Financial LP now owns 2,017 shares of the company’s stock valued at $116,000 after purchasing an additional 650 shares during the period.

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.