A Keystone State ETF shop's team doubled their AUM last year, and its headcount grew by one third.

Sean Edward O'Hara Pacer ETFs Distributors / Pacer Financial President / Director

Last week, Sean O'Hara, of Pacer ETFs Distributors [profile], and Joe Thomson, founder and president of Pacer Financial, confirmed that the Malvern, Pennsylvania-based fund firm ended 2022 with $19.6 billion in AUM. That's up 92.2 percent from $10.2 billion at the beginning of the year.

Then, in the first week of 2023, Pacer crossed the $20-billion-AUM line. The firm now has a team of 155 employees (up 38 in the past year) supporting 45 ETFs (up five in the past year). 

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