Raymond James Financial Inc. purchased a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 28,616 shares of the company’s stock, valued at approximately $1,419,000.
A number of other institutional investors have also recently modified their holdings of the business. Integrated Wealth Concepts LLC purchased a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the third quarter worth $240,000. Quantinno Capital Management LP acquired a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 3rd quarter worth $411,000. Janney Montgomery Scott LLC purchased a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 4th quarter valued at about $844,000. Moloney Securities Asset Management LLC increased its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.3% in the 4th quarter. Moloney Securities Asset Management LLC now owns 46,737 shares of the company’s stock valued at $2,318,000 after purchasing an additional 622 shares in the last quarter. Finally, Marshall Investment Management LLC acquired a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the fourth quarter valued at about $5,403,000.
PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Trading Down 0.4 %
Shares of MFUS opened at $50.01 on Wednesday. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a twelve month low of $44.06 and a twelve month high of $52.94. The firm has a market capitalization of $171.03 million, a P/E ratio of 20.44 and a beta of 0.93. The firm’s 50-day moving average is $51.31 and its two-hundred day moving average is $50.96.
About PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF
The PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) is an exchange-traded fund that is based on the RAFI Dynamic Multi-Factor U.S. index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and technical factors. MFUS was launched on Aug 31, 2017 and is managed by PIMCO.
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