LPL Financial LLC Has $6.95 Million Stock Position in Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM)

LPL Financial LLC lowered its position in shares of Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) by 0.3% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 295,419 shares of the company’s stock after selling 904 shares during the quarter. LPL Financial LLC owned about 24.62% of Hartford Multifactor Emerging Markets ETF worth $6,954,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Citadel Advisors LLC bought a new position in shares of Hartford Multifactor Emerging Markets ETF in the fourth quarter worth $718,000. Jane Street Group LLC acquired a new position in Hartford Multifactor Emerging Markets ETF in the fourth quarter valued at about $483,000. Raymond James Financial Inc. acquired a new position in Hartford Multifactor Emerging Markets ETF in the fourth quarter valued at about $484,000. Visionary Wealth Advisors raised its stake in Hartford Multifactor Emerging Markets ETF by 5.3% in the fourth quarter. Visionary Wealth Advisors now owns 18,195 shares of the company’s stock valued at $415,000 after purchasing an additional 923 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its stake in Hartford Multifactor Emerging Markets ETF by 0.9% in the first quarter. Stratos Wealth Partners LTD. now owns 243,351 shares of the company’s stock valued at $5,728,000 after purchasing an additional 2,277 shares in the last quarter.

Hartford Multifactor Emerging Markets ETF Stock Up 0.3%

ROAM stock opened at $26.85 on Monday. The company has a market cap of $36.25 million, a PE ratio of 11.22 and a beta of 0.73. The business has a 50-day simple moving average of $26.22 and a 200 day simple moving average of $24.56. Hartford Multifactor Emerging Markets ETF has a 52 week low of $20.75 and a 52 week high of $26.92.

Hartford Multifactor Emerging Markets ETF Company Profile

The Hartford Multifactor Emerging Markets ETF (ROAM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multifactor and quant-driven index of emerging market stocks aimed at reducing concentration risk prevalent in cap-weighted indexes. ROAM was launched on Feb 26, 2015 and is managed by Hartford.