Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE – Get Free Report) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 14,954 shares, an increase of 236.2% from the July 30th total of 4,448 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 7,972 shares, the short-interest ratio is presently 1.9 days.
Institutional Investors Weigh In On Pimco Rafi Esg U.S. Etf
A number of large investors have recently bought and sold shares of RAFE. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Pimco Rafi Esg U.S. Etf in the fourth quarter valued at $4,207,000. Savant Capital LLC acquired a new stake in shares of Pimco Rafi Esg U.S. Etf during the fourth quarter valued at $8,320,000. Commonwealth Equity Services LLC increased its position in Pimco Rafi Esg U.S. Etf by 10.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 119,740 shares of the company’s stock worth $5,028,000 after purchasing an additional 10,881 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in Pimco Rafi Esg U.S. Etf during the 4th quarter worth about $197,000. Finally, Cetera Investment Advisers acquired a new position in Pimco Rafi Esg U.S. Etf in the 4th quarter valued at about $2,785,000.
Pimco Rafi Esg U.S. Etf Price Performance
Shares of NYSEARCA RAFE traded down $0.13 on Friday, hitting $50.36. The company’s stock had a trading volume of 2,894 shares, compared to its average volume of 12,995. The stock has a 50 day moving average of $48.76 and a 200-day moving average of $45.76. The company has a market capitalization of $171.22 million, a price-to-earnings ratio of 17.96 and a beta of 0.87. Pimco Rafi Esg U.S. Etf has a 12-month low of $39.10 and a 12-month high of $50.65.
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.
Featured Articles
- Five stocks we like better than Pimco Rafi Esg U.S. Etf
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for Pimco Rafi Esg U.S. Etf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Rafi Esg U.S. Etf and related companies with MarketBeat.com's FREE daily email newsletter.
