Pacer ETFs has reached more than USD1 billion in assets under management juts two years after the launch of the firm’s first exchange traded funds.
“It’s an exciting time to be at Pacer. We’ve achieved a major milestone, crossing the USD1 billion threshold just as we’re turning two years old, and we’ve only just scraped the surface of our potential,” says Sean O’Hara, President of Pacer ETF Distributors. “We attribute our growth rate, in part, to our unique series of ETFs, the Trendpilot Series and the Cash Cows IndexSM Series.
“Our goal is to offer timely solutions to help investors maintain wealth and achieve higher returns over time. However, reaching this milestone wouldn’t have been possible without the hard work and dedication of our team and our partners; BATS, Wilshire, NASDAQ, FTSE Russell, and US Bank.”
