Sovran Advisors LLC Takes Position in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)

Sovran Advisors LLC purchased a new stake in shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 9,052 shares of the company’s stock, valued at approximately $465,000. Sovran Advisors LLC owned about 0.10% of Hartford Multifactor US Equity ETF at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ROUS. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Hartford Multifactor US Equity ETF in the fourth quarter worth $30,000. Kingsview Wealth Management LLC grew its holdings in shares of Hartford Multifactor US Equity ETF by 4.1% in the third quarter. Kingsview Wealth Management LLC now owns 9,165 shares of the company’s stock worth $475,000 after purchasing an additional 362 shares during the last quarter. Main Street Financial Solutions LLC grew its holdings in shares of Hartford Multifactor US Equity ETF by 3.1% in the third quarter. Main Street Financial Solutions LLC now owns 15,881 shares of the company’s stock worth $824,000 after purchasing an additional 481 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Hartford Multifactor US Equity ETF by 7.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 42,741 shares of the company’s stock valued at $2,175,000 after buying an additional 2,899 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its position in Hartford Multifactor US Equity ETF by 287.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 81,400 shares of the company’s stock valued at $4,142,000 after buying an additional 60,406 shares during the period.

Hartford Multifactor US Equity ETF Stock Performance

Hartford Multifactor US Equity ETF stock opened at $52.89 on Thursday. The company has a 50 day moving average price of $52.31 and a 200-day moving average price of $51.71. Hartford Multifactor US Equity ETF has a fifty-two week low of $44.93 and a fifty-two week high of $54.49. The company has a market capitalization of $457.50 million, a PE ratio of 18.65 and a beta of 0.78.

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.