Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE – Get Free Report) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 4,389 shares, a decline of 40.9% from the June 15th total of 7,427 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 27,873 shares, the short-interest ratio is presently 0.2 days.
Pimco Rafi Esg U.S. Etf Stock Performance
Pimco Rafi Esg U.S. Etf stock traded up $0.28 during mid-day trading on Thursday, reaching $48.15. 5,418 shares of the company were exchanged, compared to its average volume of 13,862. The firm has a market cap of $161.30 million, a P/E ratio of 17.96 and a beta of 0.87. The business has a fifty day moving average of $47.01 and a 200 day moving average of $44.32. Pimco Rafi Esg U.S. Etf has a 12-month low of $37.40 and a 12-month high of $48.34.
Institutional Investors Weigh In On Pimco Rafi Esg U.S. Etf
A number of institutional investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC purchased a new stake in shares of Pimco Rafi Esg U.S. Etf during the second quarter valued at about $55,000. Sankala Group LLC purchased a new stake in Pimco Rafi Esg U.S. Etf during the fourth quarter valued at approximately $105,000. Ascentis Independent Advisors acquired a new stake in Pimco Rafi Esg U.S. Etf in the first quarter valued at approximately $114,000. Royal Bank of Canada acquired a new stake in Pimco Rafi Esg U.S. Etf in the first quarter valued at approximately $153,000. Finally, AdvisorNet Financial Inc boosted its position in shares of Pimco Rafi Esg U.S. Etf by 28.1% in the 1st quarter. AdvisorNet Financial Inc now owns 3,835 shares of the company’s stock worth $160,000 after purchasing an additional 841 shares in the last quarter.
About Pimco Rafi Esg U.S. Etf
The PIMCO RAFI ESG U.S. ETF (RAFE) is an exchange-traded fund that is based on the RAFI ESG US index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and ESG criteria. RAFE was launched on Dec 18, 2019 and is managed by PIMCO.
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