SFG Wealth Management LLC. Makes New $1.71 Million Investment in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF $MFUS

SFG Wealth Management LLC. bought a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) in the second quarter, HoldingsChannel reports. The fund bought 25,460 shares of the company’s stock, valued at approximately $1,710,000. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF comprises 0.6% of SFG Wealth Management LLC.’s portfolio, making the stock its 27th largest position.

Several other large investors also recently modified their holdings of the business. Citadel Advisors LLC acquired a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the third quarter worth about $4,679,000. JPMorgan Chase & Co. lifted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 66.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 88,463 shares of the company’s stock valued at $4,976,000 after purchasing an additional 35,443 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 58.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 80,189 shares of the company’s stock valued at $4,540,000 after purchasing an additional 29,529 shares during the period. Royal Bank of Canada increased its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 382,816.7% during the 1st quarter. Royal Bank of Canada now owns 22,975 shares of the company’s stock worth $1,154,000 after purchasing an additional 22,969 shares in the last quarter. Finally, First Growth Capital LLC bought a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 4th quarter worth approximately $1,157,000.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Performance

Shares of MFUS stock opened at $66.61 on Friday. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 52 week low of $54.14 and a 52 week high of $67.74. The company’s 50 day moving average price is $66.08 and its two-hundred day moving average price is $63.41. The company has a market capitalization of $301.08 million, a P/E ratio of 19.69 and a beta of 0.84.

About PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

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.