AdvisorNet Financial Inc Acquires 27,541 Shares of Pacer Pacific Asset Floating Rate High Income ETF $FLRT

AdvisorNet Financial Inc increased its holdings in shares of Pacer Pacific Asset Floating Rate High Income ETF (NYSEARCA:FLRT) by 39.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,238 shares of the company’s stock after acquiring an additional 27,541 shares during the period. AdvisorNet Financial Inc owned approximately 0.81% of Pacer Pacific Asset Floating Rate High Income ETF worth $4,655,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLRT. Fifth Third Securities Inc. increased its stake in shares of Pacer Pacific Asset Floating Rate High Income ETF by 22.3% during the second quarter. Fifth Third Securities Inc. now owns 25,270 shares of the company’s stock valued at $1,203,000 after purchasing an additional 4,608 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of Pacer Pacific Asset Floating Rate High Income ETF by 3.5% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 85,074 shares of the company’s stock worth $4,050,000 after buying an additional 2,872 shares during the last quarter. Strategic Blueprint LLC increased its position in Pacer Pacific Asset Floating Rate High Income ETF by 40.0% during the 2nd quarter. Strategic Blueprint LLC now owns 174,877 shares of the company’s stock valued at $8,324,000 after buying an additional 49,981 shares in the last quarter. Price Capital Management Inc. bought a new position in Pacer Pacific Asset Floating Rate High Income ETF during the 2nd quarter valued at approximately $1,424,000. Finally, NewEdge Advisors LLC raised its stake in Pacer Pacific Asset Floating Rate High Income ETF by 11.2% during the first quarter. NewEdge Advisors LLC now owns 196,501 shares of the company’s stock valued at $9,253,000 after buying an additional 19,835 shares during the last quarter.

Pacer Pacific Asset Floating Rate High Income ETF Trading Up 0.1%

Pacer Pacific Asset Floating Rate High Income ETF stock opened at $47.49 on Friday. Pacer Pacific Asset Floating Rate High Income ETF has a 12 month low of $45.06 and a 12 month high of $47.87. The company has a market capitalization of $572.25 million, a price-to-earnings ratio of 10.84 and a beta of 0.13. The business’s fifty day simple moving average is $47.29 and its two-hundred day simple moving average is $47.41.

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.