Raymond James Financial Inc. Purchases New Holdings in Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM)

Raymond James Financial Inc. acquired a new position in shares of Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 21,204 shares of the company’s stock, valued at approximately $484,000.

Other hedge funds have also recently bought and sold shares of the company. Fermata Advisors LLC acquired a new position in shares of Hartford Multifactor Emerging Markets ETF during the fourth quarter valued at $684,000. Dynamic Advisor Solutions LLC lifted its position in Hartford Multifactor Emerging Markets ETF by 7.5% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 22,493 shares of the company’s stock valued at $513,000 after purchasing an additional 1,571 shares during the period. Stratos Wealth Partners LTD. boosted its stake in shares of Hartford Multifactor Emerging Markets ETF by 5.1% in the 4th quarter. Stratos Wealth Partners LTD. now owns 241,074 shares of the company’s stock valued at $5,498,000 after purchasing an additional 11,633 shares during the last quarter. Sanctuary Advisors LLC grew its position in shares of Hartford Multifactor Emerging Markets ETF by 10.5% during the 4th quarter. Sanctuary Advisors LLC now owns 107,482 shares of the company’s stock worth $2,508,000 after buying an additional 10,240 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Hartford Multifactor Emerging Markets ETF by 29.3% during the fourth quarter. LPL Financial LLC now owns 296,323 shares of the company’s stock worth $6,758,000 after buying an additional 67,138 shares during the last quarter.

Hartford Multifactor Emerging Markets ETF Stock Performance

ROAM opened at $24.09 on Friday. The company has a fifty day moving average price of $23.35 and a two-hundred day moving average price of $23.54. The firm has a market capitalization of $32.52 million, a PE ratio of 10.46 and a beta of 0.64. Hartford Multifactor Emerging Markets ETF has a 52 week low of $20.75 and a 52 week high of $26.00.

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.