Envestnet Asset Management Inc. Lowers Stock Holdings in Hartford Multifactor US Equity ETF $ROUS

Envestnet Asset Management Inc. cut its holdings in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) by 13.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 69,207 shares of the company’s stock after selling 10,719 shares during the period. Envestnet Asset Management Inc. owned 0.77% of Hartford Multifactor US Equity ETF worth $3,979,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Hartford Funds Management Co LLC increased its stake in Hartford Multifactor US Equity ETF by 0.3% in the second quarter. Hartford Funds Management Co LLC now owns 914,370 shares of the company’s stock valued at $49,093,000 after purchasing an additional 2,381 shares during the last quarter. Bank of America Corp DE boosted its stake in Hartford Multifactor US Equity ETF by 9.5% in the 2nd quarter. Bank of America Corp DE now owns 199,191 shares of the company’s stock worth $10,695,000 after buying an additional 17,363 shares during the last quarter. Western Wealth Management LLC grew its holdings in Hartford Multifactor US Equity ETF by 7.1% in the 2nd quarter. Western Wealth Management LLC now owns 126,571 shares of the company’s stock valued at $6,796,000 after buying an additional 8,445 shares during the period. Jones Financial Companies Lllp grew its holdings in Hartford Multifactor US Equity ETF by 54.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 87,015 shares of the company’s stock valued at $4,971,000 after buying an additional 30,753 shares during the period. Finally, Marshall Financial Group LLC increased its stake in shares of Hartford Multifactor US Equity ETF by 5.7% during the 3rd quarter. Marshall Financial Group LLC now owns 76,010 shares of the company’s stock valued at $4,370,000 after acquiring an additional 4,077 shares during the last quarter.

Hartford Multifactor US Equity ETF Price Performance

Shares of ROUS stock opened at $60.77 on Tuesday. The firm’s 50-day simple moving average is $59.63 and its 200-day simple moving average is $57.85. Hartford Multifactor US Equity ETF has a 1-year low of $44.36 and a 1-year high of $61.75. The firm has a market cap of $528.70 million, a P/E ratio of 18.12 and a beta of 0.86.

Hartford Multifactor US Equity ETF Company Profile

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.