Mid American Wealth Advisory Group Inc. Has $514,000 Stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF $MFUS

Mid American Wealth Advisory Group Inc. grew its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) by 73.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,610 shares of the company’s stock after purchasing an additional 4,055 shares during the period. Mid American Wealth Advisory Group Inc.’s holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF were worth $514,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. EQ Wealth Advisors LLC acquired a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 1st quarter worth approximately $149,000. Integrated Wealth Concepts LLC grew its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 8.2% during the first quarter. Integrated Wealth Concepts LLC now owns 7,973 shares of the company’s stock worth $400,000 after buying an additional 602 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 14.0% during the first quarter. Cetera Investment Advisers now owns 22,426 shares of the company’s stock worth $1,126,000 after buying an additional 2,749 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 382,816.7% in the 1st quarter. Royal Bank of Canada now owns 22,975 shares of the company’s stock valued at $1,154,000 after acquiring an additional 22,969 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 30.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 54,234 shares of the company’s stock valued at $2,724,000 after acquiring an additional 12,517 shares during the last quarter.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Up 0.7%

NYSEARCA MFUS opened at $56.02 on Tuesday. The company has a market cap of $208.39 million, a price-to-earnings ratio of 19.69 and a beta of 0.92. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a twelve month low of $43.62 and a twelve month high of $56.52. The business’s fifty day moving average is $55.40 and its 200 day moving average is $52.75.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Profile

The PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) is an exchange-traded fund that is based on the RAFI Dynamic Multi-Factor U.S. index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and technical factors. MFUS was launched on Aug 31, 2017 and is managed by PIMCO.