Raymond James Financial Inc. Purchases New Stake in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)

Raymond James Financial Inc. bought a new stake in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 195,867 shares of the company’s stock, valued at approximately $9,968,000. Raymond James Financial Inc. owned 2.26% of Hartford Multifactor US Equity ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ROUS. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Hartford Multifactor US Equity ETF during the 4th quarter worth approximately $30,000. Janney Montgomery Scott LLC lifted its holdings in Hartford Multifactor US Equity ETF by 7.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 42,741 shares of the company’s stock worth $2,175,000 after acquiring an additional 2,899 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Hartford Multifactor US Equity ETF by 8.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,355 shares of the company’s stock valued at $222,000 after buying an additional 355 shares during the last quarter. Kingsview Wealth Management LLC increased its stake in shares of Hartford Multifactor US Equity ETF by 4.1% during the third quarter. Kingsview Wealth Management LLC now owns 9,165 shares of the company’s stock valued at $475,000 after acquiring an additional 362 shares during the period. Finally, Golden Bell Financial Planning LLC acquired a new position in shares of Hartford Multifactor US Equity ETF during the fourth quarter valued at approximately $1,602,000.

Hartford Multifactor US Equity ETF Stock Performance

NYSEARCA ROUS opened at $50.66 on Friday. The firm’s 50 day moving average price is $52.24 and its two-hundred day moving average price is $52.11. The stock has a market cap of $445.81 million, a price-to-earnings ratio of 19.11 and a beta of 0.90. Hartford Multifactor US Equity ETF has a twelve month low of $45.51 and a twelve month high of $54.49.

Hartford Multifactor US Equity ETF 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.