PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Shares Down 0.4%

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX)’s stock price dropped 0.4% during mid-day trading on Tuesday . The company traded as low as $30.96 and last traded at $31.17. Approximately 11,606 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 22,097 shares. The stock had previously closed at $31.29.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Performance

The stock has a fifty day moving average price of $30.82 and a 200-day moving average price of $30.48. The firm has a market capitalization of $261.79 million, a PE ratio of 11.19 and a beta of 0.76.

Institutional Trading of PIMCO RAFI Dynamic Multi-Factor International Equity ETF

A hedge fund recently raised its stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock. Moloney Securities Asset Management LLC lifted its holdings in PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) by 9.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,621 shares of the company’s stock after purchasing an additional 1,285 shares during the quarter. Moloney Securities Asset Management LLC owned about 0.19% of PIMCO RAFI Dynamic Multi-Factor International Equity ETF worth $480,000 as of its most recent SEC filing.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

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.