Entrewealth LLC Invests $5.27 Million in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS)

Entrewealth LLC purchased a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 105,161 shares of the company’s stock, valued at approximately $5,272,000. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF makes up 4.9% of Entrewealth LLC’s investment portfolio, making the stock its 8th largest holding. Entrewealth LLC owned about 3.37% of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Integrated Wealth Concepts LLC purchased a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the third quarter valued at approximately $240,000. Quantinno Capital Management LP purchased a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 3rd quarter worth $411,000. Capital Square LLC acquired a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the third quarter worth $582,000. Janney Montgomery Scott LLC purchased a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the fourth quarter valued at $844,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the fourth quarter valued at about $1,419,000.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Up 1.3 %

MFUS stock opened at $50.42 on Tuesday. The stock has a market capitalization of $177.48 million, a P/E ratio of 20.45 and a beta of 0.93. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 52 week low of $44.06 and a 52 week high of $52.94. The firm has a 50-day simple moving average of $51.28 and a 200-day simple moving average of $50.83.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Company Profile

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.