Investor s Fiduciary Advisor Network LLC bought a new position in Pacer WealthShield ETF (BATS:PWS – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 107,701 shares of the company’s stock, valued at approximately $3,534,000. Pacer WealthShield ETF accounts for about 1.2% of Investor s Fiduciary Advisor Network LLC’s investment portfolio, making the stock its 17th largest holding. Investor s Fiduciary Advisor Network LLC owned approximately 0.13% of Pacer WealthShield ETF as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its position in shares of Pacer WealthShield ETF by 113.8% during the 1st quarter. Royal Bank of Canada now owns 44,940 shares of the company’s stock valued at $1,439,000 after purchasing an additional 23,921 shares during the period. First PREMIER Bank acquired a new stake in shares of Pacer WealthShield ETF in the second quarter valued at $3,666,000. Nwam LLC bought a new position in Pacer WealthShield ETF during the second quarter valued at about $3,332,000. Lionsbridge Wealth Management LLC bought a new position in Pacer WealthShield ETF during the second quarter valued at about $290,000. Finally, Jane Street Group LLC bought a new position in Pacer WealthShield ETF during the first quarter valued at about $414,000.
Pacer WealthShield ETF Stock Up 1.0%
BATS:PWS opened at $33.67 on Friday. The business’s 50-day moving average price is $32.90 and its 200 day moving average price is $32.41. Pacer WealthShield ETF has a 52-week low of $31.15 and a 52-week high of $33.83. The firm has a market cap of $28.62 million, a P/E ratio of 23.24 and a beta of 0.55.
Pacer WealthShield ETF Company Profile
The Pacer WealthShield ETF (PWS) is an exchange-traded fund that is based on the Pacer WealthShield index. The fund tracks an index that toggles between equity and Treasurys, or a combination of both, on a monthly basis depending on monthly moving averages. PWS was launched on Dec 11, 2017 and is managed by Pacer.
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