United Community Bank Buys New Shares in Pacer American Energy Independence ETF (NYSEARCA:USAI)

United Community Bank bought a new stake in shares of Pacer American Energy Independence ETF (NYSEARCA:USAI) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $40,000. United Community Bank owned about 0.06% of Pacer American Energy Independence ETF at the end of the most recent reporting period.

Separately, Kingswood Wealth Advisors LLC acquired a new stake in Pacer American Energy Independence ETF during the fourth quarter valued at approximately $339,000.

Pacer American Energy Independence ETF Price Performance

USAI stock opened at $38.63 on Monday. Pacer American Energy Independence ETF has a 12 month low of $30.36 and a 12 month high of $43.98. The firm has a market cap of $88.85 million, a PE ratio of 18.20 and a beta of 1.39. The firm has a 50 day simple moving average of $41.04 and a 200 day simple moving average of $38.73.

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.