Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 4,389 shares, a drop of 40.9% from the June 15th total of 7,427 shares. Based on an average daily volume of 27,873 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.
Pimco Rafi Esg U.S. Etf Stock Performance
NYSEARCA RAFE traded up $0.28 on Thursday, reaching $48.15. 5,418 shares of the company’s stock traded hands, compared to its average volume of 13,862. The firm has a market cap of $161.30 million, a price-to-earnings ratio of 17.96 and a beta of 0.87. The stock has a 50 day moving average price of $47.01 and a 200-day moving average price of $44.32. Pimco Rafi Esg U.S. Etf has a fifty-two week low of $37.40 and a fifty-two week high of $48.34.
Hedge Funds Weigh In On Pimco Rafi Esg U.S. Etf
A number of large investors have recently bought and sold shares of RAFE. Sellwood Investment Partners LLC raised its stake in shares of Pimco Rafi Esg U.S. Etf by 1.9% during the 1st quarter. Sellwood Investment Partners LLC now owns 499,411 shares of the company’s stock worth $20,782,000 after buying an additional 9,276 shares during the period. Savant Capital LLC purchased a new stake in Pimco Rafi Esg U.S. Etf in the 4th quarter worth $8,320,000. Commonwealth Equity Services LLC increased its holdings in Pimco Rafi Esg U.S. Etf by 10.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 119,740 shares of the company’s stock worth $5,028,000 after acquiring an additional 10,881 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in Pimco Rafi Esg U.S. Etf during the fourth quarter worth $4,207,000. Finally, GenWealth Group Inc. raised its position in Pimco Rafi Esg U.S. Etf by 2.9% during the third quarter. GenWealth Group Inc. now owns 85,926 shares of the company’s stock worth $3,497,000 after acquiring an additional 2,409 shares during the period.
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.
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