Pacer ETFs Reaches $3B AUM Mark, Continues Impressive Growth Throughout 2018

Pacer ETFs, an ETF provider that offers passive rules-based strategies, just broke $3 billion in assets under management as it finishes another year with remarkable growth combined with the launch of several new products.

Following its debut in 2015, Pacer ETFs has enjoyed accelerated growth this year, reaching the $3 billion AUM mark just six months after reaching the $2 billion AUM milestone in March. In addition to this, Pacer ETFs had an organic growth rate of 114% from October 2017 to October 2018, according to data from Morningstar.