14,297 Shares in Pacer American Energy Independence ETF $USAI Purchased by Flow Traders U.S. LLC

Flow Traders U.S. LLC bought a new position in Pacer American Energy Independence ETF (NYSEARCA:USAI) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 14,297 shares of the company’s stock, valued at approximately $582,000.

Pacer American Energy Independence ETF Price Performance

Pacer American Energy Independence ETF stock opened at $38.16 on Thursday. Pacer American Energy Independence ETF has a fifty-two week low of $34.20 and a fifty-two week high of $43.98. The firm’s 50 day simple moving average is $37.95 and its 200-day simple moving average is $39.09. The company has a market cap of $82.04 million, a P/E ratio of 19.96 and a beta of 0.85.

Pacer American Energy Independence ETF Profile

The Pacer American Energy Independence ETF (USAI) is an exchange-traded fund that is based on the American Energy Independence index. The fund tracks an index of US and Canadian MLPs involved in midstream energy infrastructure. USAI was launched on Dec 13, 2017 and is managed by Pacer.