107,701 Shares in Pacer WealthShield ETF $PWS Acquired by Investor s Fiduciary Advisor Network LLC

Investor s Fiduciary Advisor Network LLC bought a new stake in Pacer WealthShield ETF (BATS:PWS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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 portfolio, making the stock its 17th biggest holding. Investor s Fiduciary Advisor Network LLC owned 12.67% of Pacer WealthShield ETF at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new position in Pacer WealthShield ETF during the 1st quarter worth $414,000. Kestra Advisory Services LLC acquired a new position in shares of Pacer WealthShield ETF during the fourth quarter valued at $181,000. Royal Bank of Canada raised its stake in shares of Pacer WealthShield ETF by 258.9% during the fourth quarter. Royal Bank of Canada now owns 21,019 shares of the company’s stock valued at $679,000 after purchasing an additional 15,163 shares in the last quarter. Ascentis Independent Advisors bought a new stake in shares of Pacer WealthShield ETF during the first quarter valued at about $163,000. Finally, Rothschild Capital Partners LLC bought a new stake in shares of Pacer WealthShield ETF during the second quarter valued at about $339,000.

Pacer WealthShield ETF Stock Up 1.0%

PWS stock opened at $33.67 on Friday. The company has a 50-day simple moving average of $32.90 and a 200 day simple moving average of $32.41. The company has a market capitalization of $28.62 million, a P/E ratio of 23.24 and a beta of 0.55. Pacer WealthShield ETF has a fifty-two week low of $31.15 and a fifty-two week high of $33.83.

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.