Mather Group LLC. Makes New $867,000 Investment in Pacer WealthShield ETF $PWS

Mather Group LLC. purchased a new position in shares of Pacer WealthShield ETF (BATS:PWS – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,867 shares of the company’s stock, valued at approximately $867,000. Mather Group LLC. owned approximately 3.16% of Pacer WealthShield ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in Pacer WealthShield ETF by 1,250.5% in the second quarter. Envestnet Asset Management Inc. now owns 441,072 shares of the company’s stock valued at $14,475,000 after acquiring an additional 408,413 shares during the last quarter. Anchor Investment Management LLC bought a new position in shares of Pacer WealthShield ETF in the 2nd quarter valued at about $30,000. Sequoia Financial Advisors LLC acquired a new position in shares of Pacer WealthShield ETF during the 2nd quarter worth about $46,968,000. Capital Analysts LLC acquired a new position in shares of Pacer WealthShield ETF during the 2nd quarter worth about $151,000. Finally, Teamwork Financial Advisors LLC acquired a new position in shares of Pacer WealthShield ETF during the 2nd quarter worth about $16,361,000.

Pacer WealthShield ETF Stock Performance

Shares of PWS stock opened at $31.52 on Friday. The firm’s 50-day moving average is $32.79 and its 200-day moving average is $32.38. The stock has a market cap of $26.79 million, a price-to-earnings ratio of 23.24 and a beta of 0.55. Pacer WealthShield ETF has a 52-week low of $31.18 and a 52-week high of $33.83.

Pacer WealthShield ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Pacer WealthShield ETF (BATS:PWS)

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