PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Trading 0% Higher – Here’s Why

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) shares shot up 0% during trading on Thursday . The stock traded as high as $100.42 and last traded at $100.42. 844,999 shares were traded during mid-day trading, a decline of 43% from the average session volume of 1,486,860 shares. The stock had previously closed at $100.38.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

The stock has a 50-day moving average price of $100.49 and a 200 day moving average price of $100.46.

Institutional Investors Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 5.7% in the third quarter. JPMorgan Chase & Co. now owns 24,458,326 shares of the company’s stock valued at $2,462,709,000 after purchasing an additional 1,312,168 shares during the period. Icon Wealth Advisors LLC lifted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 6,636.1% in the 3rd quarter. Icon Wealth Advisors LLC now owns 190,026 shares of the company’s stock valued at $19,134,000 after buying an additional 187,205 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 1,771.0% in the 3rd quarter. Arkadios Wealth Advisors now owns 195,412 shares of the company’s stock worth $19,676,000 after buying an additional 184,968 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 3rd quarter worth approximately $6,643,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 58.9% during the third quarter. BNP Paribas Financial Markets now owns 177,231 shares of the company’s stock valued at $17,845,000 after acquiring an additional 65,682 shares during the last quarter.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

PIMCO Enhanced Short Maturity ETF (the Fund), formerly PIMCO Enhanced Short Maturity Strategy Fund, is an exchange-traded fund. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund focuses on short maturity fixed income instruments. The Fund seeks to achieve its investment objective by investing at least 65% of its total assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards.