PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Trading Down 1.1% – Time to Sell?

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX)’s share price traded down 1.1% on Wednesday . The company traded as low as $30.68 and last traded at $30.79. 7,849 shares were traded during trading, a decline of 65% from the average session volume of 22,136 shares. The stock had previously closed at $31.14.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Trading Down 1.1 %

The company’s 50-day moving average is $31.68 and its 200-day moving average is $30.83. The firm has a market cap of $258.67 million, a price-to-earnings ratio of 11.19 and a beta of 0.76.

Institutional Investors Weigh In On PIMCO RAFI Dynamic Multi-Factor International Equity ETF

An institutional investor recently raised its position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock. Moloney Securities Asset Management LLC raised its holdings in PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) by 9.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 about 0.19% of PIMCO RAFI Dynamic Multi-Factor International Equity ETF worth $480,000 at the end of the most recent quarter.

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.