PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Shares Down 0.3%

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) was down 0.3% during mid-day trading on Monday . The company traded as low as $30.55 and last traded at $30.60. Approximately 4,929 shares were traded during trading, a decline of 78% from the average daily volume of 22,816 shares. The stock had previously closed at $30.70.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Performance

The company has a market capitalization of $257.04 million, a PE ratio of 11.19 and a beta of 0.76. The business’s 50-day moving average is $30.61 and its 200-day moving average is $30.06.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock. Moloney Securities Asset Management LLC boosted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) by 9.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,621 shares of the company’s stock after acquiring an additional 1,285 shares during the period. Moloney Securities Asset Management LLC owned 0.19% of PIMCO RAFI Dynamic Multi-Factor International Equity ETF worth $480,000 at the end of the most recent reporting period.

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.