Bruce G. Allen Investments LLC Has $1.41 Million Stock Holdings in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE)

Bruce G. Allen Investments LLC reduced its holdings in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) by 3.7% in the 4th quarter, HoldingsChannel reports. The fund owned 38,787 shares of the company’s stock after selling 1,474 shares during the period. Pimco Rafi Esg U.S. Etf comprises approximately 1.1% of Bruce G. Allen Investments LLC’s holdings, making the stock its 13th biggest position. Bruce G. Allen Investments LLC’s holdings in Pimco Rafi Esg U.S. Etf were worth $1,410,000 at the end of the most recent reporting period.

Separately, Commonwealth Equity Services LLC increased its holdings in Pimco Rafi Esg U.S. Etf by 58.5% in the second quarter. Commonwealth Equity Services LLC now owns 67,904 shares of the company’s stock valued at $2,393,000 after purchasing an additional 25,066 shares during the period.

Pimco Rafi Esg U.S. Etf Stock Down 1.5 %

RAFE traded down $0.54 during midday trading on Friday, hitting $35.88. 5,370 shares of the company were exchanged, compared to its average volume of 11,269. The firm’s 50 day moving average price is $37.23 and its 200-day moving average price is $36.45. Pimco Rafi Esg U.S. Etf has a 1-year low of $32.13 and a 1-year high of $38.27. The firm has a market capitalization of $52.03 million, a P/E ratio of 20.63 and a beta of 0.86.

About Pimco Rafi Esg U.S. Etf

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.