Moloney Securities Asset Management LLC cut its position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM – Free Report) by 27.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 18,886 shares of the company’s stock after selling 7,053 shares during the period. Moloney Securities Asset Management LLC’s holdings in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF were worth $359,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. acquired a new position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF in the 3rd quarter valued at $57,000. First Horizon Advisors Inc. purchased a new stake in shares of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF during the third quarter worth $159,000. Finally, Flow Traders U.S. LLC raised its position in shares of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF by 13.0% in the third quarter. Flow Traders U.S. LLC now owns 67,655 shares of the company’s stock valued at $1,436,000 after buying an additional 7,788 shares during the last quarter.
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Trading Up 0.8 %
MFEM opened at $19.09 on Tuesday. The firm has a market capitalization of $93.92 million, a PE ratio of 8.24 and a beta of 0.79. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a twelve month low of $18.36 and a twelve month high of $21.59. The firm’s 50-day moving average price is $19.22 and its 200 day moving average price is $19.80.
About PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
The PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market companies that are selected and weighted by a combination of fundamental and technical factors. MFEM was launched on Aug 31, 2017 and is managed by PIMCO.
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