Western Wealth Management LLC bought a new stake in Pacer Pacific Asset Floating Rate High Income ETF (NYSEARCA:FLRT – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 27,372 shares of the company’s stock, valued at approximately $1,290,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in FLRT. Sunbelt Securities Inc. acquired a new stake in shares of Pacer Pacific Asset Floating Rate High Income ETF in the third quarter valued at $141,000. Crestwood Advisors Group LLC acquired a new stake in shares of Pacer Pacific Asset Floating Rate High Income ETF in the third quarter valued at $870,000. Ameriflex Group Inc. increased its stake in shares of Pacer Pacific Asset Floating Rate High Income ETF by 171.5% in the third quarter. Ameriflex Group Inc. now owns 21,192 shares of the company’s stock valued at $1,004,000 after buying an additional 13,386 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its stake in shares of Pacer Pacific Asset Floating Rate High Income ETF by 7.6% in the third quarter. Creative Financial Designs Inc. ADV now owns 91,566 shares of the company’s stock valued at $4,339,000 after buying an additional 6,492 shares in the last quarter.
Pacer Pacific Asset Floating Rate High Income ETF Stock Performance
Shares of NYSEARCA:FLRT opened at $46.92 on Friday. Pacer Pacific Asset Floating Rate High Income ETF has a twelve month low of $46.00 and a twelve month high of $47.68. The firm has a market cap of $604.80 million, a PE ratio of 10.84 and a beta of 0.13. The business has a fifty day moving average of $46.50 and a 200-day moving average of $46.94.
About Pacer Pacific Asset Floating Rate High Income ETF
The Pacer Pacific Asset Floating Rate High Income ETF (FLRT) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund targeting floating-rate debt from non-investment-grade issuers. FLRT was launched on Feb 19, 2015 and is managed by Pacer.
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Want to see what other hedge funds are holding FLRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer Pacific Asset Floating Rate High Income ETF (NYSEARCA:FLRT – Free Report).
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