Sanctuary Advisors LLC Invests $847,000 in Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM)

Sanctuary Advisors LLC acquired a new stake in Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 36,533 shares of the company’s stock, valued at approximately $847,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Scarborough Advisors LLC grew its holdings in shares of Hartford Multifactor Emerging Markets ETF by 4.2% during the fourth quarter. Scarborough Advisors LLC now owns 60,030 shares of the company’s stock worth $1,342,000 after buying an additional 2,395 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in Hartford Multifactor Emerging Markets ETF during the second quarter worth about $1,048,000. Dynamic Advisor Solutions LLC grew its stake in Hartford Multifactor Emerging Markets ETF by 29.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 16,218 shares of the company’s stock valued at $392,000 after acquiring an additional 3,723 shares in the last quarter. Finally, MFA Wealth Advisors LLC purchased a new stake in Hartford Multifactor Emerging Markets ETF during the 2nd quarter valued at about $70,000.

Hartford Multifactor Emerging Markets ETF Price Performance

ROAM opened at $25.29 on Friday. The firm has a market capitalization of $22.76 million, a price-to-earnings ratio of 9.22 and a beta of 0.77. The company’s 50 day simple moving average is $24.55 and its two-hundred day simple moving average is $24.12. Hartford Multifactor Emerging Markets ETF has a 1-year low of $20.26 and a 1-year high of $26.00.

Hartford Multifactor Emerging Markets ETF Profile

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.