PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Trading Down 0.3% – Time to Sell?

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX)’s stock price fell 0.3% during mid-day trading on Wednesday . The company traded as low as $29.99 and last traded at $30.13. 20,442 shares changed hands during trading, a decline of 9% from the average session volume of 22,478 shares. The stock had previously closed at $30.24.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Trading Down 0.3 %

The stock has a market cap of $253.09 million, a P/E ratio of 11.19 and a beta of 0.76. The stock has a 50 day simple moving average of $31.34 and a 200 day simple moving average of $30.95.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock. Farmers & Merchants Investments Inc. bought a new stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 6,000 shares of the company’s stock, valued at approximately $195,000. Farmers & Merchants Investments Inc. owned approximately 0.07% of PIMCO RAFI Dynamic Multi-Factor International Equity ETF as of its most recent filing with the SEC.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Company Profile

The PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an international, developed-market equity index that selects securities according to a combination of fundamental and technical factors. MFDX was launched on Aug 31, 2017 and is managed by PIMCO.