- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 500 Chesterfield Parkway Malvern PA United States of America 19355
- IPO Date
- Dec 17, 2015
- Business
- Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that employs a rules-based trend-following strategy to track the Pacer Trendpilot European Index before fees and expenses; the index directs exposure to 100% FTSE Eurozone Index when the benchmark closes above its 200-day simple moving average for five consecutive business days, 50% FTSE Eurozone Index and 50% 3-month U.S. Treasury bills when it closes below for five days, or 100% 3-month U.S. Treasury bills when the benchmark's 200-day moving average closes lower than its value from five business days prior. The fund provides investors with participation in large- and mid-cap Eurozone equities during upward trends while mitigating downside risk through defensive shifts to short-term Treasuries; it holds approximately 292 securities with top exposures including ASML Holding NV, SAP SE, Siemens AG, Allianz SE, and LVMH Moet Hennessy Louis Vuitton SE. Launched on December 15, 2015, and listed on Cboe BZX, PTEU is issued and distributed by Pacer ETFs, a Pacer Financial, Inc. affiliate headquartered in Malvern, Pennsylvania, with a net expense ratio of 0.65% and assets under management of approximately $36 million.
PTEU targets investors seeking tactical exposure to Eurozone developed markets, including Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, and Spain; it operates primarily in U.S. markets but focuses on non-U.S. equities comprising 97% of assets. The fund's benchmark, derived from the FTSE Global Equity Index Series, covers 98% of investable market capitalization in these regions and undergoes semi-annual reviews for liquidity and investability. Geographic concentration centers on Europe, with sector allocations reflecting broad diversification across financials, industrials, consumer discretionary, and technology.
In recent developments, Pacer ETFs, PTEU's issuer, reported strong asset growth to over $46 billion firm-wide by December 31, 2024, a 31% increase from 2024's start, alongside launches of 10 new funds including expansions of the Cash Cows ETF series and entries into European UCITS markets. The firm marked its 10th anniversary in 2025 with reflections on product innovation, team expansion, and decade-long AUM growth from $665 million to billions. In November 2025, Pacer Financial formed a strategic partnership with fintech firm Save to integrate select Pacer ETFs into Save's Liquid Market Savings Platform, enhancing advisor tools with market-linked cash solutions, daily liquidity, and extended FDIC coverage. No specific acquisitions, funding rounds, or name changes directly impacted PTEU in the last 1-2 years, though PTEU maintained 100% equity exposure to the FTSE Eurozone Index through Q1 2025 and into later periods.