GPS Wealth Strategies Group LLC Reduces Stock Position in Pacer Pacific Asset Floating Rate High Income ETF (NYSEARCA:FLRT)

GPS Wealth Strategies Group LLC cut its position in shares of Pacer Pacific Asset Floating Rate High Income ETF (NYSEARCA:FLRT) by 6.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,769 shares of the company’s stock after selling 253 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Pacer Pacific Asset Floating Rate High Income ETF were worth $178,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of FLRT. JPMorgan Chase & Co. bought a new stake in Pacer Pacific Asset Floating Rate High Income ETF during the 4th quarter valued at $26,000. AdvisorNet Financial Inc bought a new stake in Pacer Pacific Asset Floating Rate High Income ETF during the 1st quarter valued at $2,431,000. Finally, Creative Financial Designs Inc. ADV raised its position in Pacer Pacific Asset Floating Rate High Income ETF by 7.7% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 72,153 shares of the company’s stock valued at $3,430,000 after purchasing an additional 5,160 shares in the last quarter.

Pacer Pacific Asset Floating Rate High Income ETF Stock Up 0.1%

Shares of NYSEARCA FLRT opened at $47.44 on Friday. The business has a fifty day simple moving average of $46.88 and a two-hundred day simple moving average of $47.30. The firm has a market cap of $493.85 million, a PE ratio of 10.84 and a beta of 0.13. Pacer Pacific Asset Floating Rate High Income ETF has a twelve month low of $45.06 and a twelve month high of $48.07.

About Pacer Pacific Asset Floating Rate High Income ETF

The Pacer Pacific Asset Floating Rate High Income ETF (FLRT) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund targeting floating-rate debt from non-investment-grade issuers. FLRT was launched on Feb 19, 2015 and is managed by Pacer.