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

Shares of Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw unusually-high trading volume on Friday . Approximately 305,048 shares changed hands during trading, an increase of 63% from the previous session’s volume of 187,313 shares.The stock last traded at $29.12 and had previously closed at $29.16.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Up 0.0 %

The stock has a fifty day moving average price of $29.95 and a two-hundred day moving average price of $29.04. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 10.73 and a beta of 0.69.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gleason Group Inc. bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 2nd quarter worth $50,000. Sanctuary Advisors LLC acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the second quarter worth approximately $225,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 2nd quarter valued at $351,000. First PREMIER Bank boosted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 2.5% during the third quarter. First PREMIER Bank now owns 16,100 shares of the exchange traded fund’s stock valued at $492,000 after acquiring an additional 400 shares during the last quarter. Finally, Eagle Strategies LLC bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 2nd quarter valued at about $523,000.

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.