Pacer ETFs, an ETF supplier that gives strategy-driven, rules-based ETFs, is celebrating crossing the $7 billion mark in property below administration, in addition to the agency’s six-year anniversary. Since Pacer’s inception with the flagship Trendpilot technique in 2015, the agency has grown its choices to 36 distinctive, trade traded funds whereas additionally increasing to 92 whole workers between its residence workplace in suburban Philadelphia and 43 Wirehouse and Unbiased territories throughout the nation.
Amongst Pacer’s most notable fund households is the Pacer Trendpilot ETF Sequence, given its trend-following technique. This fund collection has proven sturdy development in recent times, particularly its Pacer Trendpilot US Bond ETF (PTBD), a hard and fast earnings fund that seeks threat mitigation by alternating publicity between high-yield company bonds and U.S. Treasury bonds. Since its launch in 2019, PTBD has amassed $1 billion in property.
“We’re excited to rejoice this milestone achievement and want to thank the monetary advisors, buyers, and companions which have supported our development,” says Pacer ETFs Distributors President Sean O’Hara. “Our success over the past six years is a testomony to our revolutionary and efficient strategy to creating merchandise aimed toward fixing the issues monetary advisors and their purchasers are going through in right this moment’s market. We’re trying ahead to sustaining our development mindset and momentum by means of our distinctive, rules-based ETFs and creating new potential options.
During the last 12 months, Pacer noticed unbelievable development throughout various its funds. Each the Pacer Money Cows Index® ETF Sequence and the Pacer Benchmark Knowledge & Infrastructure Actual Property SCTR ETF (SRVR) crossed $1 billion in property below administration. In April 2021, Pacer rolled out its April Sequence of Structured Final result Technique (SOS) ETFs, which supply particular buffers and caps over a 12-month interval.
One other noteworthy fund household is the Pacer Issue ETF Sequence. Final 12 months, Pacer partnered with Lunt Capital Administration to create three factor-based funds, one being the Pacer Lunt Massive Cap Alternator ETF (ALTL), recognized for alternating between low-volatility and high-beta shares within the S&P 500 Index. Pacer additionally partnered with Salt Monetary to create two ETFs using the truBeta technique. The collection has risen in reputation in latest months, amassing over $200 million property below administration. On the wholesale aspect, Pacer has additionally added three exterior and 6 inner wholesalers to its group over the previous 12 months.
“I’m extremely happy with our group and everybody who has made it doable for us to cross the $7 billion mark in AUM earlier than our sixth birthday,” says Joe Thomson, founder and president of Pacer Monetary. “By way of market highs and lows, we’ve been capable of provide merchandise to buyers we really feel they’ve been on the lookout for. We plan to proceed on this path and assist monetary advisors and their purchasers by means of any market circumstances.”
Pacer expects to maintain its long-term development trajectory by including to its checklist of funds within the subsequent few months and hiring new personnel for the agency’s Malvern workplace.
For extra info on Pacer ETFs, please go to PacerETFs.com.
Learn extra on ETFtrends.com.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.