PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF $MFEM Shares Sold by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC reduced its position in shares of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) by 16.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,009 shares of the company’s stock after selling 2,996 shares during the period. Moloney Securities Asset Management LLC’s holdings in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF were worth $318,000 at the end of the most recent reporting period.

Separately, Cambridge Investment Research Advisors Inc. increased its position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF by 5.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 29,741 shares of the company’s stock worth $567,000 after buying an additional 1,454 shares during the period.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA MFEM opened at $22.82 on Friday. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a 1-year low of $16.74 and a 1-year high of $22.86. The business’s fifty day moving average price is $22.20 and its two-hundred day moving average price is $20.98. The firm has a market capitalization of $112.27 million, a PE ratio of 11.32 and a beta of 0.78.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Profile

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.