A Keystone State fund firm recently crossed another AUM milestone.
| Sean Edward O'Hara|
Pacer ETFs Distributors / Pacer Financial
President / Director
The Pacer ETFs
] team shares
that their fund family now has more than $19 billion in AUM. That's up about $4 billion since June, when the Malvern, Pennsylvania-based firm's team noted, while celebrating
their ETF family's seventh anniversary, that the ETFs had $15.2 billion in AUM. Then a couple of weeks ago, Pacer's ETFs passed
$18 billion in AUM.
"We started this year with a little over $10 Billion in AUM. Set a goal of doubling that to $20 Billion by year end," Sean O'Hara
, president of Pacer ETFs Distributors, writes
in a LinkedIn post. "In spite of the bear market in both stocks and bonds, we are [on] track to reaching our goal. One month left. No coasting to the finish line."
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