Envestnet Asset Management Inc. Cuts Stock Position in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)

Envestnet Asset Management Inc. lessened its position in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS – Get Rating) by 11.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 77,577 shares of the company’s stock after selling 10,116 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.61% of Hartford Multifactor US Equity ETF worth $3,028,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ROUS. Commonwealth Equity Services LLC increased its holdings in Hartford Multifactor US Equity ETF by 0.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 67,234 shares of the company’s stock worth $2,374,000 after purchasing an additional 324 shares during the period. Raymond James & Associates increased its holdings in Hartford Multifactor US Equity ETF by 2.8% during the 3rd quarter. Raymond James & Associates now owns 18,859 shares of the company’s stock worth $666,000 after purchasing an additional 520 shares during the period. Assetmark Inc. purchased a new stake in Hartford Multifactor US Equity ETF during the 3rd quarter worth about $29,000. Strategic Wealth Advisors Group LLC increased its holdings in Hartford Multifactor US Equity ETF by 4.1% during the 3rd quarter. Strategic Wealth Advisors Group LLC now owns 31,072 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,220 shares during the period. Finally, Sigma Planning Corp increased its holdings in Hartford Multifactor US Equity ETF by 31.2% during the 4th quarter. Sigma Planning Corp now owns 8,009 shares of the company’s stock worth $313,000 after purchasing an additional 1,905 shares during the period.

Hartford Multifactor US Equity ETF Stock Performance

NYSEARCA:ROUS opened at $39.28 on Wednesday. The stock has a 50-day simple moving average of $39.47 and a 200-day simple moving average of $39.70. The stock has a market cap of $434.04 million, a P/E ratio of 15.80 and a beta of 0.93. Hartford Multifactor US Equity ETF has a 1 year low of $34.98 and a 1 year high of $41.66.

About Hartford Multifactor US Equity ETF

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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.