PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS – Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 8,558 shares, a drop of 67.3% from the September 15th total of 26,163 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 9,522 shares, the short-interest ratio is currently 0.9 days.
PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Performance
Shares of NYSEARCA:MFUS traded down $0.02 on Monday, hitting $65.51. 8,039 shares of the company were exchanged, compared to its average volume of 13,473. The company’s 50 day moving average price is $66.06 and its two-hundred day moving average price is $64.46. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a one year low of $54.14 and a one year high of $67.74. The firm has a market capitalization of $302.66 million, a price-to-earnings ratio of 19.69 and a beta of 0.85.
Institutional Investors Weigh In On PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF
A number of institutional investors have recently added to or reduced their stakes in MFUS. Williams & Novak Wealth Management LLC increased its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 13.0% during the third quarter. Williams & Novak Wealth Management LLC now owns 168,519 shares of the company’s stock valued at $10,922,000 after acquiring an additional 19,405 shares during the period. Williams & Novak LLC raised its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.9% in the 2nd quarter. Williams & Novak LLC now owns 149,114 shares of the company’s stock valued at $10,016,000 after acquiring an additional 2,775 shares in the last quarter. Cetera Investment Advisers raised its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 14.0% in the 1st quarter. Cetera Investment Advisers now owns 36,233 shares of the company’s stock valued at $2,116,000 after acquiring an additional 4,441 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 2.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 25,790 shares of the company’s stock worth $1,506,000 after acquiring an additional 519 shares during the period. Finally, SFG Wealth Management LLC. bought a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 2nd quarter worth approximately $1,710,000.
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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