Pacer Data and Digital Revolution ETF

TRFK

Market cap $447M

TRFK is a fairly new ETF, but its approach is not new at all. It correlates very highly with the broader tech sector. There are plenty of existing ETFs that do what this one aims to. That is not a Pacer ETFs issue but an industry one. I don't like the tech sector in any form currently, so TRFK gets a sell rating. I'd opt for XLK over it once I have a better tech outlook.

The Pacer Data and Digital Revolution ETF (TRFK) was launched on June 8, 2022, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.

If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the Pacer Data and Digital Revolution ETF (TRFK), a passively managed exchange traded fund launched on June 8, 2022.

Launched on June 8, 2022, the Pacer Data and Digital Revolution ETF (TRFK) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Broad segment of the equity market.

Digital Revolution ETF TRFK surges to a 52-week high, lifted by Oracle's spectacular cloud-driven rally and strong momentum signals.

As we face the last quarter of 2024, interest rates are finally heading down, kicked off by a 50 basis point Fed cut, the election race is too close to call, and global geopolitical instability remains a risk factor.

Sean O'Hara launched Pacer ETFs in 2015 as president. But years of running the distribution channel for Hartford Financial started him down the path looking for the best ETFs.

The technology sector suffered big losses last month due to a decline in mega-cap market caps. The beaten-down prices could be viewed as solid entry points.

Intel beat estimates on earnings but lagged the same on revenues. It provided a dismal second-quarter revenue guidance, underscoring concerns over the company's growth prospects.

In its latest report released last December, the Bureau of Economic Analysis (BEA) estimates that the digital economy now represents 10% of the total U.S. GDP, or $2.6 trillion.  The digital economy is also growing at an average annual growth rate of 7.1%.