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

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) shares saw unusually-high trading volume on Thursday . Approximately 194,813 shares traded hands during mid-day trading, an increase of 153% from the previous session’s volume of 76,948 shares.The stock last traded at $28.55 and had previously closed at $28.49.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Up 0.1 %

The company has a market cap of $1.15 billion, a price-to-earnings ratio of 10.73 and a beta of 0.69. The stock has a 50-day simple moving average of $29.18 and a 200-day simple moving average of $29.28.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Several institutional investors have recently modified their holdings of RODM. First PREMIER Bank lifted its stake 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 purchasing an additional 400 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 1.5% during the 3rd quarter. HighTower Advisors LLC now owns 29,602 shares of the exchange traded fund’s stock valued at $901,000 after acquiring an additional 440 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 5.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,327 shares of the exchange traded fund’s stock valued at $406,000 after acquiring an additional 633 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 5.3% during the 4th quarter. Arkadios Wealth Advisors now owns 15,739 shares of the exchange traded fund’s stock worth $447,000 after acquiring an additional 796 shares in the last quarter. Finally, Flagstar Advisors Inc. grew its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 1.7% in the 3rd quarter. Flagstar Advisors Inc. now owns 54,751 shares of the exchange traded fund’s stock worth $1,670,000 after acquiring an additional 907 shares during the last quarter.

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.