Teamwork Financial Advisors LLC bought a new stake in Pacer WealthShield ETF (BATS:PWS – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 498,555 shares of the company’s stock, valued at approximately $16,361,000. Pacer WealthShield ETF accounts for about 1.5% of Teamwork Financial Advisors LLC’s portfolio, making the stock its 21st largest holding. Teamwork Financial Advisors LLC owned about 0.59% of Pacer WealthShield ETF as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. IFP Advisors Inc purchased a new stake in Pacer WealthShield ETF during the 2nd quarter worth $27,000. Ameritas Advisory Services LLC purchased a new position in Pacer WealthShield ETF in the second quarter valued at about $51,000. Integrated Wealth Concepts LLC purchased a new position in Pacer WealthShield ETF in the second quarter valued at about $55,000. Ascentis Independent Advisors acquired a new position in shares of Pacer WealthShield ETF during the first quarter worth about $163,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Pacer WealthShield ETF during the fourth quarter worth about $181,000.
Pacer WealthShield ETF Price Performance
Shares of BATS PWS opened at $33.02 on Wednesday. Pacer WealthShield ETF has a 1-year low of $31.15 and a 1-year high of $33.83. The company has a market capitalization of $28.07 million, a price-to-earnings ratio of 23.24 and a beta of 0.55. The business has a 50-day moving average of $32.91 and a 200-day moving average of $32.41.
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.
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