Commonwealth Equity Services LLC Invests $1.05 Million in Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM)

Commonwealth Equity Services LLC bought a new position in Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) in the second quarter, according to its most recent filing with the SEC. The firm bought 43,393 shares of the company’s stock, valued at approximately $1,048,000. Commonwealth Equity Services LLC owned approximately 4.82% of Hartford Multifactor Emerging Markets ETF as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. Scarborough Advisors LLC lifted its position in Hartford Multifactor Emerging Markets ETF by 4.2% during the 4th quarter. Scarborough Advisors LLC now owns 60,030 shares of the company’s stock worth $1,342,000 after acquiring an additional 2,395 shares during the period. Dynamic Advisor Solutions LLC grew its position in Hartford Multifactor Emerging Markets ETF by 29.8% during the second quarter. Dynamic Advisor Solutions LLC now owns 16,218 shares of the company’s stock valued at $392,000 after buying an additional 3,723 shares during the period. Financial Advocates Investment Management acquired a new position in Hartford Multifactor Emerging Markets ETF in the 4th quarter worth about $208,000. Finally, MFA Wealth Advisors LLC purchased a new position in shares of Hartford Multifactor Emerging Markets ETF during the 2nd quarter valued at approximately $70,000.

Hartford Multifactor Emerging Markets ETF Stock Up 0.2 %

ROAM stock opened at $24.42 on Tuesday. The stock has a market capitalization of $21.98 million, a P/E ratio of 9.22 and a beta of 0.77. The firm has a 50-day simple moving average of $24.20 and a 200-day simple moving average of $23.88. Hartford Multifactor Emerging Markets ETF has a 52 week low of $20.26 and a 52 week high of $24.94.

About Hartford Multifactor Emerging Markets ETF

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.