Royal Bank of Canada Has $1.44 Million Stock Holdings in Pacer WealthShield ETF $PWS

Royal Bank of Canada lifted its stake in Pacer WealthShield ETF (BATS:PWS) by 113.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 44,940 shares of the company’s stock after acquiring an additional 23,921 shares during the quarter. Royal Bank of Canada owned approximately 5.29% of Pacer WealthShield ETF worth $1,439,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jane Street Group LLC acquired a new position in Pacer WealthShield ETF during the fourth quarter valued at approximately $229,000. Ascentis Independent Advisors bought a new position in Pacer WealthShield ETF in the first quarter valued at approximately $163,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Pacer WealthShield ETF during the 4th quarter worth approximately $181,000.

Pacer WealthShield ETF Stock Up 0.9%

Shares of Pacer WealthShield ETF stock opened at $33.80 on Thursday. Pacer WealthShield ETF has a 12-month low of $30.85 and a 12-month high of $33.83. The stock has a market cap of $28.73 million, a P/E ratio of 23.24 and a beta of 0.55. The business’s 50 day moving average is $32.60 and its 200-day moving average is $32.38.

About Pacer WealthShield ETF

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.