MALVERN, PA — Pacer ETFs is celebrating an incredible year of growth driven by its suite of strategy-driven, rules-based ETFs, capped off by the outstanding achievement of reaching $19.6 billion in assets as of Dec. 30, 2022. After starting 2022 with $10.2 billion in AUM, Pacer achieved a 92.2% growth rate, nearly doubling its assets. Within the first week of the New Year, Pacer surpassed $20 billion in assets signaling a strong start for 2023.
“We are incredibly proud of the team at Pacer ETFs for their hard work, dedication and commitment to our clients and investors,” says Sean O’Hara, president of Pacer ETFs Distributors. “Despite the volatile markets in 2022, many of our strategies grew assets significantly and performed well, a testament to our firm’s innovative approach to delivering investment solutions that help advisors and investors navigate challenging circumstances.”
Amid the overall asset growth of the firm, Pacer ETFs saw particularly significant growth in its Pacer Cash Cows Index® ETF Series and other strategies, notably:
|Pacer US Cash Cows 100 ETF (COWZ)||$1,270,079,743.19||$10,284,919,556.41||709.79%|
|Pacer Global Cash Cows Dividend ETF (GCOW)||$136,409,653.07||$953,846,101.64||599.25%|
|Pacer Developed Markets International Cash Cows 100 ETF (ICOW)||$ 66,886,137.35||$233,391,838.58||248.94%|
|Pacer Emerging Markets Cash Cows 100 ETF (ECOW)||$8,560,666.39||$29,345,919.95||242.80%|
|Pacer Lunt Large Cap Alternator ETF (ALTL)||$350,826,621.52||$997,377,232.03||184.29%|
|Pacer US Small Cap Cash Cows 100 ETF (CALF)||$619,591,441.22||$1,377,681,878.82||122.35%|
|Pacer Pacific Asset Floating Rate High Income ETF (FLRT)||$34,622,050.80||$75,726,923.22||118.72%|
|Pacer Swan SOS Fund of Funds ETF (PSFF)||$65,468,606.43||$119,232,296.17||82.12%|
- Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG): An ETF that invests in top growth companies within the Russell 1000 by screening for above-average free-cash-flow margins.
- Pacer Bluestar Digital Entertainment ETF (ODDS)
- Pacer Bluestar Engineering the Future ETF (BULD)
- Pacer Industrials and Logistics ETF (SHPP)
- Pacer Data and Digital Revolution ETF (TRFK)
“This year, Pacer really showed the power of our client-first philosophy and commitment to quality in everything we do,” says Joe Thomson, founder and president of Pacer Financial. “In 2023, we will continue to deliver on our client needs just as we did last year and I look forward to another year of incredible growth. Thank you to our employees, investors and partners for a successful 2022.”
To keep pace with its impressive growth, Pacer welcomed 38 new employees last year, including 18 internal sales representatives and 20 external sales employees. These new additions bring Pacer’s total headcount to 155. The firm also received three ETF Express awards at the prestigious ceremony held in New York in October. Pacer has now won nine awards overall since its founding eight years ago.
To learn more about Pacer, visit paceretfs.com.
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