Avantax Advisory Services Inc. Cuts Stock Holdings in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS)

Avantax Advisory Services Inc. trimmed its stake in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) by 43.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 273,677 shares of the company’s stock after selling 208,031 shares during the period. Avantax Advisory Services Inc. owned approximately 3.11% of Hartford Multifactor US Equity ETF worth $13,186,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Global Retirement Partners LLC purchased a new position in shares of Hartford Multifactor US Equity ETF during the 4th quarter valued at about $27,000. Wagner Wealth Management LLC grew its holdings in shares of Hartford Multifactor US Equity ETF by 1.1% during the 4th quarter. Wagner Wealth Management LLC now owns 213,475 shares of the company’s stock valued at $9,391,000 after purchasing an additional 2,287 shares during the last quarter. Fermata Advisors LLC purchased a new position in Hartford Multifactor US Equity ETF in the 4th quarter worth $8,309,000. International Assets Investment Management LLC bought a new stake in Hartford Multifactor US Equity ETF in the fourth quarter worth $3,042,000. Finally, Western Wealth Management LLC boosted its position in Hartford Multifactor US Equity ETF by 23.0% during the fourth quarter. Western Wealth Management LLC now owns 60,979 shares of the company’s stock valued at $2,682,000 after buying an additional 11,394 shares during the period.

Hartford Multifactor US Equity ETF Stock Performance

Shares of NYSEARCA ROUS traded up $0.74 during mid-day trading on Tuesday, hitting $50.08. The stock had a trading volume of 27,282 shares, compared to its average volume of 24,478. The business has a 50 day moving average price of $47.99 and a two-hundred day moving average price of $46.68. Hartford Multifactor US Equity ETF has a 1 year low of $38.66 and a 1 year high of $50.11. The firm has a market cap of $433.19 million, a P/E ratio of 18.65 and a beta of 0.78.

About Hartford Multifactor US Equity ETF

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.