Pacer ETFs Marks Ninth Anniversary with Significant Growth

Pacer ETFs

MALVERN, PAPacer ETFs recently celebrated its ninth anniversary, reflecting on substantial growth and recognition achieved over the past decade. The firm has seen impressive increases in assets under management (AUM), rising from $24 billion in June 2023 to $43 billion today, marking an 81% growth rate. Starting 2024 with $35 billion in AUM, Pacer now boasts a 29% increase year-to-date.

The rapid expansion of the Cash Cows ETF™ series has been a major driver of this success, with $36 billion in assets across 10 funds. Earlier this year, Pacer introduced three Cash Cows UCITS ETFs to European markets, marking their first international venture and offering overseas investors access to their free-cash-flow-driven strategy.

Pacer’s commitment to delivering differentiated, rules-based strategies has resonated with investors. Alongside the Cash Cows series, they continue to gather assets across various fund families including the Pacer Trendpilot® Series and the Pacer Swan SOS ETF Series. Notable funds like the Pacer Data and Digital Revolution ETF (TRFK) and the Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) have also contributed to their growth.

“The growth and success of our fund offerings demonstrate the resilience of a free cash flow approach amid challenging market conditions,” said Sean O’Hara, President of Pacer ETF Distributors. “We’re proud to deliver these strategy-driven solutions and better serve the portfolio goals of our investors.”

The industry has recognized Pacer’s achievements. Their CALF ETF earned the “ETF of the Year” at the 2024 Awards. Pacer is also nominated in four categories for the upcoming 2024 With Intelligence Mutual Fund & ETF Awards, including ETF Provider of the Year, Sales Success of the Year, ETF Suite of the Year, and Thematic ETF of the Year.

In addition to its fund successes, Pacer has grown to over 155 employees, enhancing its ability to serve clients. The firm was named a Top Workplace Winner by The Philadelphia Inquirer, highlighting its positive work environment.

“We’re honored to celebrate our ninth anniversary and the milestones we’ve achieved, thanks to our dedicated team and supportive partners and investors,” said Joe Thomson, President of Pacer ETFs. “We appreciate the trust placed in us as we continue to provide innovative investment solutions to help investors reach their goals.”

This year, Pacer launched four new funds, bringing their total offerings to 47 ETFs. Looking ahead, the firm plans to expand its Dividend Multiplier Series and Cash Cows Growth Series, among other initiatives, to maintain its growth trajectory.

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