Entrewealth LLC Acquires 13,537 Shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF $MFUS

Entrewealth LLC boosted its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) by 11.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 127,597 shares of the company’s stock after acquiring an additional 13,537 shares during the quarter. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF accounts for about 3.7% of Entrewealth LLC’s investment portfolio, making the stock its 7th biggest position. Entrewealth LLC owned about 3.43% of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF worth $7,177,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC acquired a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the second quarter valued at approximately $99,000. Integrated Wealth Concepts LLC grew its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 8.2% during the first quarter. Integrated Wealth Concepts LLC now owns 7,973 shares of the company’s stock worth $400,000 after buying an additional 602 shares during the last quarter. Walkner Condon Financial Advisors LLC acquired a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the third quarter worth approximately $525,000. Mid American Wealth Advisory Group Inc. increased its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 24.4% during the third quarter. Mid American Wealth Advisory Group Inc. now owns 11,956 shares of the company’s stock worth $672,000 after buying an additional 2,346 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 30.6% in the third quarter. Envestnet Asset Management Inc. now owns 13,717 shares of the company’s stock valued at $772,000 after acquiring an additional 3,217 shares during the last quarter.

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

Shares of MFUS opened at $59.26 on Friday. The business’s 50 day simple moving average is $59.29 and its 200-day simple moving average is $57.06. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a one year low of $43.62 and a one year high of $61.16. The company has a market capitalization of $220.45 million, a P/E ratio of 19.69 and a beta of 0.89.

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.