GenWealth Group Inc. Raises Stock Holdings in Pimco Rafi Esg U.S. Etf $RAFE

GenWealth Group Inc. raised its position in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) by 3.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 83,517 shares of the company’s stock after buying an additional 2,694 shares during the quarter. Pimco Rafi Esg U.S. Etf makes up approximately 0.6% of GenWealth Group Inc.’s portfolio, making the stock its 26th biggest position. GenWealth Group Inc. owned approximately 3.48% of Pimco Rafi Esg U.S. Etf worth $3,185,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. KWB Wealth purchased a new stake in Pimco Rafi Esg U.S. Etf in the first quarter valued at approximately $210,000. Bond & Devick Financial Network Inc. purchased a new stake in Pimco Rafi Esg U.S. Etf in the first quarter valued at approximately $218,000. Flagship Harbor Advisors LLC lifted its stake in Pimco Rafi Esg U.S. Etf by 17.8% in the first quarter. Flagship Harbor Advisors LLC now owns 12,309 shares of the company’s stock valued at $447,000 after buying an additional 1,863 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Pimco Rafi Esg U.S. Etf in the first quarter valued at approximately $769,000. Finally, LPL Financial LLC lifted its stake in Pimco Rafi Esg U.S. Etf by 3.2% in the first quarter. LPL Financial LLC now owns 37,627 shares of the company’s stock valued at $1,367,000 after buying an additional 1,152 shares during the last quarter.

Pimco Rafi Esg U.S. Etf Stock Down 0.7%

RAFE opened at $40.15 on Friday. The business has a 50 day moving average price of $39.17 and a two-hundred day moving average price of $37.19. The company has a market cap of $96.36 million, a PE ratio of 17.96 and a beta of 0.90. Pimco Rafi Esg U.S. Etf has a 52 week low of $31.58 and a 52 week high of $40.69.

Pimco Rafi Esg U.S. Etf Profile

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.