We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Pacer Industrial Real Estate ETF | AMEX:INDS | AMEX | Exchange Traded Fund |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.50 | 1.28% | 39.55 | 39.70 | 39.35 | 39.35 | 39,178 | 21:27:56 |
Investor Demand for Passive, Rules-Based ETF Strategies Continues to Accelerate
Pacer ETFs, an ETF provider that offers passive rules-based strategies, just broke $3 billion in assets under management as it finishes another year with remarkable growth combined with the launch of several new products.
Following its debut in 2015, Pacer ETFs has enjoyed accelerated growth this year, reaching the $3 billion AUM mark just six months after reaching the $2 billion AUM milestone in March. In addition to this, Pacer ETFs had an organic growth rate of 114% from October 2017 to October 2018, according to data from Morningstar.
“Our growth proves that our mission to provide passive, rules-based strategies to navigate turbulent markets is resonating with advisors and investors alike,” says Sean O’Hara, president of Pacer ETFs Distributors. “It took us two years to amass the first billion dollars in assets under management. The third billion in assets came in under six months, making us one of the fastest-growing ETF issuers in the industry. We owe a special thanks to some of our partners including U.S. Bank, S&P, NASDAQ, FTSE Russell, NYSE and CBOE who help make our ETFs possible, as well as the financial advisors who use our strategies.”
The firm’s well-established Trendpilot® ETFs have proved especially attractive to investors. In fact, the Trendpilot® ETF Series grew assets by over $1.1 billion during 2018. Also popular with investors was the Cash Cows Index® ETF Series, which grew assets by over $270 million over the last year.
Pacer ETFs expanded its product offerings in 2018, launching six new ETFs. “As we expand our product line, we see significant opportunity for growth in 2019,” O’Hara added. These include:
To meet increased demand, Pacer ETFs added 13 wholesalers in 2018 and is currently in the process of moving to a larger headquarters in Malvern, Pa. “We’ve grown in every facet of our business,” adds Joe Thomson, founder and president of Pacer Financial. “Since inception, we’ve been committed to helping investors prepare for retirement using rules-based indices to mitigate downside risk and screening for quality stocks. In 2019, we will continue that mission by providing more options for diversification, greater opportunities for growth and better service to the advisors and investors who have come to know and love our ETFs.”
About Pacer ETFs:
Pacer ETFs is a strategy-driven exchange traded fund provider with 15 ETFs and over $3 billion in assets under management as of Dec. 1, 2018. Pacer ETFs is focused on addressing investors’ needs through its four fund families, the Pacer Trendpilot® Series, Pacer Cash Cows Index® Series, Pacer Custom ETF Series, and Pacer Leaders ETF Series. Pacer ETFs employ a rules-based, passive management approach to track S&P, NASDAQ, FTSE Russell, and Custom Indexes.
For more information, please visit PacerETFs.com.
Disclosures:
Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus. A copy may be obtained by visiting www.paceretfs.com or calling 1-877-337-0500. Please read the prospectus carefully before investing.
An investment in the Funds is subject to investment risk, including the possible loss of principal. Pacer ETF shares may be bought and sold on an exchange through a brokerage account. Brokerage commissions and ETF expenses will reduce investment returns. There can be no assurance that an active trading market for ETF shares will be developed or maintained. The risks associated with these funds are detailed in the prospectus and could include factors such as concentration risk, currency exchange rate risk, data and infrastructure real estate sector risk, equity market risk, European investments risk, fixed income risk, foreign securities risk, geographic concentration risk, government obligations risk, high portfolio turnover risk, index criteria risk, industrial real estate sector risk, international operations risk, large and mid-capitalization investing risk, monthly exposure risk, new fund risk, non-diversification risk, other investment companies risk, passive investment risk, REIT investment risk, retail real estate sector risk, sector risk, smaller-capitalization companies risk, style risk, tax risk, tracking risk, trend lag risk, and/or special risks of exchange traded funds.
Trendpilot®, Autopilot ETFs™, Cash Cows Index® and Strategy Driven ETFs® are trademarks of Index Design Group, LLC.
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
Distributor: Pacer Financial, Inc, member FINRA, SIPC, an affiliate of Pacer Advisors, Inc
View source version on businesswire.com: https://www.businesswire.com/news/home/20181211005577/en/
Media Contact:Alex NyeGregory FCA for Pacer ETFs610-228-2287alexn@gregoryfca.com
Company Contact:Ashlee Thomson610-981-6214ashlee.thomson@pacerfinancial.com
1 Year Pacer Industrial Real Es... Chart |
1 Month Pacer Industrial Real Es... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions