PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Stock Price Down 1.1% – Should You Sell?

Shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) fell 1.1% during trading on Wednesday . The company traded as low as $30.68 and last traded at $30.79. 7,849 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 22,136 shares. The stock had previously closed at $31.14.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Down 0.4 %

The stock has a market cap of $258.73 million, a price-to-earnings ratio of 11.19 and a beta of 0.76. The business’s 50 day simple moving average is $31.68 and its 200 day simple moving average is $30.83.

Institutional Trading of PIMCO RAFI Dynamic Multi-Factor International Equity ETF

An institutional investor recently bought a new position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock. Farmers & Merchants Investments Inc. bought a new position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 6,000 shares of the company’s stock, valued at approximately $195,000. Farmers & Merchants Investments Inc. owned 0.07% of PIMCO RAFI Dynamic Multi-Factor International Equity ETF as of its most recent filing with the SEC.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

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.