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

Shares of Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw strong trading volume on Monday . 146,868 shares were traded during 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 company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 14.00 and a beta of 0.79. The company has a 50 day moving average price of $30.40 and a 200 day moving average price of $29.83.

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

A number of large investors have recently modified their holdings of RODM. HighTower Advisors LLC increased its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 1.5% during the 3rd 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. Arkadios Wealth Advisors grew its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 5.3% during the fourth quarter. Arkadios Wealth Advisors now owns 15,739 shares of the exchange traded fund’s stock valued at $447,000 after buying an additional 796 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 3.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 24,376 shares of the exchange traded fund’s stock worth $693,000 after acquiring an additional 896 shares in the last quarter. Flagstar Advisors Inc. raised its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 2.0% in the 4th quarter. Flagstar Advisors Inc. now owns 55,843 shares of the exchange traded fund’s stock worth $1,587,000 after acquiring an additional 1,092 shares during the last quarter. Finally, Oakworth Capital Inc. bought a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at about $34,000.

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.