Truist reports 31.9% stake in Pacer ETF
Truist Financial Corporation, as parent of Truist Advisory Services, Inc., reports beneficial ownership of 215,048 shares of the Pacer Funds Trust exchange-traded fund with CUSIP 69374H238.
Rhea-AI Filing Summary
Truist Financial Corporation, as parent of Truist Advisory Services, Inc., reports beneficial ownership of 215,048 shares of the Pacer Funds Trust exchange-traded fund with CUSIP 69374H238. This represents about 31.9% of the fund’s outstanding shares.
The filing shows Truist has no sole or shared voting power over these shares but holds sole dispositive power, meaning it can decide when to sell them. Truist certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of the fund.
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Truist Financial (TFC) report in Pacer Funds Trust?
Why did Truist Financial (TFC) file this Schedule 13G/A?
Is Truist Financial seeking to influence control of Pacer Funds Trust?
In what capacity is Truist Financial (TFC) reporting this Pacer ETF holding?
AI-generated analysis. How Rhea-AI works. Not financial advice.