Providence Capital Advisors LLC Makes New $108,000 Investment in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE)

Providence Capital Advisors LLC purchased a new position in shares of Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,889 shares of the company’s stock, valued at approximately $108,000. Providence Capital Advisors LLC owned about 0.20% of Pimco Rafi Esg U.S. Etf at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arlington Financial Advisors LLC grew its stake in Pimco Rafi Esg U.S. Etf by 1.3% during the 2nd quarter. Arlington Financial Advisors LLC now owns 125,130 shares of the company’s stock valued at $4,409,000 after purchasing an additional 1,557 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Pimco Rafi Esg U.S. Etf by 58.5% during the 2nd 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 in the last quarter. Balanced Rock Investment Advisors LLC grew its stake in Pimco Rafi Esg U.S. Etf by 5.7% during the 2nd quarter. Balanced Rock Investment Advisors LLC now owns 109,989 shares of the company’s stock valued at $3,876,000 after purchasing an additional 5,954 shares in the last quarter. Finally, Denver PWM LLC bought a new position in Pimco Rafi Esg U.S. Etf during the 2nd quarter worth approximately $39,000.

Pimco Rafi Esg U.S. Etf Stock Down 0.3 %

NYSEARCA:RAFE opened at $38.03 on Thursday. The business’s 50 day moving average is $37.14 and its two-hundred day moving average is $35.96. Pimco Rafi Esg U.S. Etf has a 52 week low of $30.67 and a 52 week high of $38.21. The company has a market cap of $55.14 million, a PE 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.