JPMorgan Chase & Co. Trims Stock Holdings in PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX)

JPMorgan Chase & Co. lessened its stake in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) by 27.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,095 shares of the company’s stock after selling 9,875 shares during the quarter. JPMorgan Chase & Co.’s holdings in PIMCO RAFI Dynamic Multi-Factor International Equity ETF were worth $848,000 at the end of the most recent reporting period.

Separately, Farmers & Merchants Investments Inc. purchased a new position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF in the third quarter worth $195,000.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Up 0.4 %

MFDX opened at $30.62 on Monday. The business’s fifty day simple moving average is $30.11 and its 200 day simple moving average is $30.79. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 52 week low of $28.43 and a 52 week high of $32.87. The stock has a market cap of $257.21 million, a PE ratio of 11.19 and a beta of 0.76.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Profile

The PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an international, developed-market equity index that selects securities according to a combination of fundamental and technical factors. MFDX was launched on Aug 31, 2017 and is managed by PIMCO.