Crossword Genius

Hats passed round by artists (7)

Ross

I believe the answer is:

fedoras

I'm a little stuck... Click here to teach me more about this clue!

'hats' is the definition.
(fedora is a kind of hat)

'passed round by artists' is the wordplay.
I cannot really understand how this works, but
'round' could be 'o' (round can mean a round object) and 'o' is present in the answer.
'artists' could be 'ras' (Royal Academicians abbreviation) and 'ras' is found in the answer.
The remaining letters 'fed' is a valid word which might be clued in a way I don't understand.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?

(Another definition for fedoras that I've seen is " Felt hats with creased crowns".)

I've seen this clue in The Times.
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