Commonwealth Equity Services LLC Grows Stake in Pimco Rafi Esg U.S. Etf $RAFE

Commonwealth Equity Services LLC boosted its position in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) by 10.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 119,740 shares of the company’s stock after buying an additional 10,881 shares during the period. Commonwealth Equity Services LLC’s holdings in Pimco Rafi Esg U.S. Etf were worth $5,028,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of RAFE. Savant Capital LLC purchased a new position in Pimco Rafi Esg U.S. Etf during the fourth quarter worth $8,320,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Pimco Rafi Esg U.S. Etf in the fourth quarter valued at $4,207,000. Goldman Sachs Group Inc. purchased a new stake in shares of Pimco Rafi Esg U.S. Etf in the first quarter valued at $769,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Pimco Rafi Esg U.S. Etf during the fourth quarter valued at $882,000. Finally, LPL Financial LLC boosted its stake in shares of Pimco Rafi Esg U.S. Etf by 17.8% during the fourth quarter. LPL Financial LLC now owns 58,152 shares of the company’s stock valued at $2,442,000 after acquiring an additional 8,791 shares during the last quarter.

Pimco Rafi Esg U.S. Etf Stock Down 1.8%

RAFE opened at $46.85 on Friday. The firm has a market cap of $147.58 million, a P/E ratio of 17.96 and a beta of 0.87. Pimco Rafi Esg U.S. Etf has a 52 week low of $36.72 and a 52 week high of $47.80. The business’s fifty day simple moving average is $44.42 and its 200 day simple moving average is $43.12.

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.