Western Wealth Management LLC Raises Position in Pacer Data and Digital Revolution ETF $TRFK

Western Wealth Management LLC boosted its position in Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) by 44.5% during the fourth quarter, Holdings Channel reports. The fund owned 62,082 shares of the company’s stock after acquiring an additional 19,110 shares during the period. Western Wealth Management LLC’s holdings in Pacer Data and Digital Revolution ETF were worth $3,977,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC bought a new position in Pacer Data and Digital Revolution ETF in the fourth quarter valued at $336,000. Nova Wealth Management Inc. increased its stake in Pacer Data and Digital Revolution ETF by 134.9% in the fourth quarter. Nova Wealth Management Inc. now owns 1,238 shares of the company’s stock valued at $79,000 after acquiring an additional 711 shares during the last quarter. IFP Advisors Inc bought a new position in Pacer Data and Digital Revolution ETF in the third quarter valued at $61,000. NewEdge Advisors LLC bought a new position in Pacer Data and Digital Revolution ETF in the third quarter valued at $278,000. Finally, GPS Wealth Strategies Group LLC bought a new position in shares of Pacer Data and Digital Revolution ETF during the third quarter valued at about $53,000.

Pacer Data and Digital Revolution ETF Trading Up 1.3%

TRFK opened at $90.38 on Thursday. The company has a market cap of $685.08 million, a P/E ratio of 41.50 and a beta of 1.46. The business’s 50-day moving average price is $70.89 and its 200-day moving average price is $67.77. Pacer Data and Digital Revolution ETF has a 12 month low of $50.58 and a 12 month high of $91.12.

Pacer Data and Digital Revolution ETF Company Profile

The Pacer Data and Digital Revolution ETF (TRFK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks market cap-weighted index of global companies involved in the use, manipulation, transmission, and storage of data, as well as the ancillary services that enable these processes. TRFK was launched on Jun 8, 2022 and is managed by Pacer.