Creative Financial Designs Inc. ADV Makes New $26,000 Investment in Pacer American Energy Independence ETF (NYSEARCA:USAI)

Creative Financial Designs Inc. ADV acquired a new position in Pacer American Energy Independence ETF (NYSEARCA:USAI) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 650 shares of the company’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds have also made changes to their positions in USAI. Kingswood Wealth Advisors LLC purchased a new position in shares of Pacer American Energy Independence ETF in the 4th quarter worth $339,000. United Community Bank bought a new stake in shares of Pacer American Energy Independence ETF in the 4th quarter worth about $40,000. Finally, SL Advisors LLC lifted its holdings in shares of Pacer American Energy Independence ETF by 0.9% in the 4th quarter. SL Advisors LLC now owns 96,615 shares of the company’s stock worth $3,843,000 after acquiring an additional 850 shares during the last quarter.

Pacer American Energy Independence ETF Trading Down 0.7 %

Pacer American Energy Independence ETF stock opened at $41.49 on Friday. The firm has a 50-day moving average price of $41.00 and a 200-day moving average price of $39.08. The firm has a market capitalization of $95.43 million, a PE ratio of 18.57 and a beta of 1.37. Pacer American Energy Independence ETF has a 12-month low of $30.36 and a 12-month high of $43.98.

Pacer American Energy Independence ETF Profile

The Pacer American Energy Independence ETF (USAI) is an exchange-traded fund that is based on the American Energy Independence index. The fund tracks an index of US and Canadian MLPs involved in midstream energy infrastructure. USAI was launched on Dec 13, 2017 and is managed by Pacer.