Pacer American Energy Independence ETF gains 7.5% institutional holder

Rhea-AI Filing Summary

Schedule 13G/A (Amendment 2) highlights: Foundations Investment Advisors, LLC (FIA) has filed as a passive beneficial owner of Pacer Funds Trust’s Pacer American Energy Independence ETF (ticker USAI, CUSIP 69374H428) for the event date 30 Jun 2025.

• Shares owned: 801,399
• Ownership percentage: 7.5 % of outstanding units
• Voting power: 0 shares (no sole or shared voting authority)
• Dispositive power: sole power over all 801,399 shares; no shared dispositive power
• Filing made under Rule 13d-1(b) as FIA is an SEC-registered investment adviser (type IA).

The stake adds FIA to USAI’s list of 5 %+ holders, potentially increasing institutional visibility and secondary-market liquidity. Because FIA reports no voting rights and characterises the position as passive, the filing does not indicate an activist agenda or governance influence. No other group members, subsidiaries, or special certifications are disclosed.

Positive

• Institutional stake: Foundations Investment Advisors’ 7.5 % holding may enhance USAI’s liquidity and institutional credibility.

Negative

• None.

Insights

Financial Analyst

TL;DR: Investment adviser now owns 7.5 % of USAI; passive, no voting power, modest liquidity signal, limited governance impact.

The 13G/A reveals FIA’s first-half 2025 accumulation of 801,399 USAI units. Crossing the 5 % threshold often broadens an ETF’s institutional shareholder base, which can tighten bid/ask spreads and support AUM growth. However, FIA retains zero voting power, underscoring a purely investment-driven position with minimal influence over fund operations. The disclosure is therefore informational rather than catalytic. For portfolio managers, the filing confirms moderate demand from a registered adviser but does not, by itself, alter USAI’s fundamental outlook or risk profile.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Pacer Funds Trust

(Name of Issuer)

Exchange Traded Product

(Title of Class of Securities)

69374H428

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 69374H428

1

Names of Reporting Persons

FOUNDATIONS INVESTMENT ADVISORS, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ARIZONA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 801,399.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

801,399.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.5 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Pacer Funds Trust
(b)	Address of issuer's principal executive offices: 500 CHESTERFIELD PARKWAY, MALVERN, PENNSYLVANIA 19355
Item 2.
(a)	Name of person filing: FOUNDATIONS INVESTMENT ADVISORS, LLC
(b)	Address or principal business office or, if none, residence: 4050 E. COTTON CENTER BLVD. SUITE 40 PHOENIX, Arizona 85040
(c)	Citizenship: FOUNDATIONS INVESTMENT ADVISORS, LLC - ARIZONA
(d)	Title of class of securities: Exchange Traded Product
(e)	CUSIP No.: 69374H428
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 801,399
(b)	Percent of class: 7.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: FOUNDATIONS INVESTMENT ADVISORS, LLC - 0
	(ii) Shared power to vote or to direct the vote: FOUNDATIONS INVESTMENT ADVISORS, LLC - 0
	(iii) Sole power to dispose or to direct the disposition of: FOUNDATIONS INVESTMENT ADVISORS, LLC - 801,399
	(iv) Shared power to dispose or to direct the disposition of: FOUNDATIONS INVESTMENT ADVISORS, LLC - 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

FOUNDATIONS INVESTMENT ADVISORS, LLC

Signature:	/s/Marc Pugsley
Name/Title:	CCO
Date:	07/29/2025

FAQ

How many USAI shares does Foundations Investment Advisors own?

The firm reports beneficial ownership of 801,399 shares.

What percentage of USAI does this represent?

The stake equals 7.5 % of the ETF’s outstanding units.

Does Foundations Investment Advisors have voting power over the shares?

No. The filing shows 0 sole or shared voting power.

Is the position activist or passive?

Filed on Schedule 13G under Rule 13d-1(b), the position is passive and non-activist.

Why was this filing required?

Crossing the 5 % ownership threshold triggers a Schedule 13G filing within 45 days after quarter-end.

What is the filing date and signatory?

Signed by CCO Marc Pugsley on 29 Jul 2025 for Foundations Investment Advisors.