First PREMIER Bank Invests $3.67 Million in Pacer WealthShield ETF $PWS

First PREMIER Bank acquired a new stake in shares of Pacer WealthShield ETF (BATS:PWS) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 111,707 shares of the company’s stock, valued at approximately $3,666,000. First PREMIER Bank owned 13.14% of Pacer WealthShield ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ascentis Independent Advisors bought a new position in Pacer WealthShield ETF in the 1st quarter worth $163,000. Kestra Advisory Services LLC bought a new stake in Pacer WealthShield ETF during the fourth quarter valued at about $181,000. Jane Street Group LLC purchased a new position in shares of Pacer WealthShield ETF in the fourth quarter valued at about $229,000. Rothschild Capital Partners LLC purchased a new position in shares of Pacer WealthShield ETF in the second quarter valued at about $339,000. Finally, Royal Bank of Canada boosted its stake in shares of Pacer WealthShield ETF by 258.9% in the fourth quarter. Royal Bank of Canada now owns 21,019 shares of the company’s stock worth $679,000 after acquiring an additional 15,163 shares during the period.

Pacer WealthShield ETF Trading Up 0.1%

BATS:PWS opened at $33.29 on Tuesday. Pacer WealthShield ETF has a 12-month low of $30.85 and a 12-month high of $33.83. The stock has a 50-day moving average price of $32.84 and a 200 day moving average price of $32.40. The stock has a market capitalization of $28.30 million, a P/E ratio of 23.24 and a beta of 0.55.

Pacer WealthShield ETF 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.