Western Wealth Management LLC Takes Position in Pacer Pacific Asset Floating Rate High Income ETF $FLRT

Western Wealth Management LLC acquired a new stake in Pacer Pacific Asset Floating Rate High Income ETF (NYSEARCA:FLRT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 27,372 shares of the company’s stock, valued at approximately $1,290,000. Western Wealth Management LLC owned 0.21% of Pacer Pacific Asset Floating Rate High Income ETF at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FLRT. Sunbelt Securities Inc. bought a new stake in shares of Pacer Pacific Asset Floating Rate High Income ETF in the third quarter valued at approximately $141,000. Crestwood Advisors Group LLC bought a new stake in shares of Pacer Pacific Asset Floating Rate High Income ETF in the third quarter valued at approximately $870,000. Ameriflex Group Inc. boosted its position 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 acquiring an additional 13,386 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its position 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 acquiring an additional 6,492 shares during the period.

Pacer Pacific Asset Floating Rate High Income ETF Trading Up 0.0%

Shares of NYSEARCA FLRT opened at $46.92 on Friday. The business has a fifty day simple moving average of $46.50 and a 200 day simple moving average of $46.94. The firm has a market capitalization of $604.80 million, a price-to-earnings ratio of 10.84 and a beta of 0.13. Pacer Pacific Asset Floating Rate High Income ETF has a one year low of $46.00 and a one year high of $47.68.

Pacer Pacific Asset Floating Rate High Income ETF Profile

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.