KWB Wealth Invests $210,000 in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE)

KWB Wealth purchased a new position in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,773 shares of the company’s stock, valued at approximately $210,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of RAFE. Arlington Financial Advisors LLC lifted its stake in shares of Pimco Rafi Esg U.S. Etf by 3.8% in the fourth quarter. Arlington Financial Advisors LLC now owns 131,686 shares of the company’s stock worth $4,787,000 after buying an additional 4,813 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Pimco Rafi Esg U.S. Etf by 12.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 75,918 shares of the company’s stock worth $2,760,000 after buying an additional 8,556 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Pimco Rafi Esg U.S. Etf by 15.6% in the fourth quarter. LPL Financial LLC now owns 36,475 shares of the company’s stock worth $1,326,000 after buying an additional 4,933 shares in the last quarter. Sellwood Investment Partners LLC purchased a new position in shares of Pimco Rafi Esg U.S. Etf in the fourth quarter worth about $16,864,000. Finally, Financial Insights Inc. lifted its stake in shares of Pimco Rafi Esg U.S. Etf by 92.3% in the fourth quarter. Financial Insights Inc. now owns 14,694 shares of the company’s stock worth $534,000 after buying an additional 7,051 shares in the last quarter.

Pimco Rafi Esg U.S. Etf Trading Down 0.2%

NYSEARCA:RAFE opened at $36.63 on Thursday. The company’s 50-day moving average price is $35.12 and its 200-day moving average price is $36.49. Pimco Rafi Esg U.S. Etf has a twelve month low of $31.58 and a twelve month high of $38.50. The company has a market cap of $86.08 million, a P/E ratio of 19.61 and a beta of 0.92.

Pimco Rafi Esg U.S. Etf Profile

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.