Avantax Advisory Services Inc. Acquires 1,886 Shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)

Avantax Advisory Services Inc. boosted its holdings in shares of Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) by 2.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 91,823 shares of the company’s stock after purchasing an additional 1,886 shares during the period. Avantax Advisory Services Inc.’s holdings in Hartford Multifactor US Equity ETF were worth $4,673,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROUS. Thurston Springer Miller Herd & Titak Inc. bought a new position in Hartford Multifactor US Equity ETF during the fourth quarter worth about $30,000. Steward Partners Investment Advisory LLC lifted its holdings in 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 worth $222,000 after acquiring an additional 355 shares in the last quarter. Independent Advisor Alliance acquired a new stake in shares of Hartford Multifactor US Equity ETF in the 4th quarter valued at about $263,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Hartford Multifactor US Equity ETF in the 4th quarter valued at about $317,000. Finally, HighTower Advisors LLC raised its stake in shares of Hartford Multifactor US Equity ETF by 13.8% in the 4th quarter. HighTower Advisors LLC now owns 6,952 shares of the company’s stock valued at $354,000 after purchasing an additional 841 shares during the period.

Hartford Multifactor US Equity ETF Price Performance

ROUS opened at $50.36 on Friday. The business’s 50-day moving average price is $52.28 and its two-hundred day moving average price is $52.12. Hartford Multifactor US Equity ETF has a 1 year low of $45.51 and a 1 year high of $54.49. The company has a market capitalization of $443.17 million, a price-to-earnings ratio of 19.11 and a beta of 0.90.

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.