Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Shares Cross Above 200-Day Moving Average – What’s Next?

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $37.27 and traded as high as $39.05. Hartford Multifactor Developed Markets (ex-US) ETF shares last traded at $38.71, with a volume of 115,271 shares changing hands.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Up 1.4%

The company has a market capitalization of $1.36 billion, a PE ratio of -90.02 and a beta of 0.72. The business’s fifty day moving average is $39.33 and its two-hundred day moving average is $37.27.

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

Hedge funds have recently bought and sold shares of the business. Flagship Harbor Advisors LLC bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the fourth quarter worth approximately $49,000. Farther Finance Advisors LLC raised its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 776.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,420 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 1,258 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at $74,000. Root Financial Partners LLC bought a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter valued at $86,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at $112,000. Hedge funds and other institutional investors own 7.13% of the company’s stock.

About Hartford Multifactor Developed Markets (ex-US) ETF

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. It also provides research and sales and trading services to institutional investors.