JPMorgan Chase & Co. cut its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS – Free Report) by 35.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,386 shares of the company’s stock after selling 17,593 shares during the quarter. JPMorgan Chase & Co. owned 1.01% of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF worth $1,588,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Austin Wealth Management LLC increased its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 2.9% during the third quarter. Austin Wealth Management LLC now owns 563,788 shares of the company’s stock worth $28,155,000 after purchasing an additional 15,767 shares in the last quarter. Capital Square LLC purchased a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 3rd quarter valued at $582,000. Integrated Wealth Concepts LLC purchased a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 3rd quarter valued at $240,000. Finally, Quantinno Capital Management LP acquired a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 3rd quarter valued at $411,000.
PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Up 0.7 %
Shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF stock opened at $51.83 on Friday. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 52 week low of $42.63 and a 52 week high of $52.65. The business’s fifty day simple moving average is $50.93 and its 200-day simple moving average is $49.87. The firm has a market cap of $161.71 million, a PE ratio of 16.36 and a beta of 0.87.
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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