Pacer WealthShield ETF
Schedule of Investments
July 31, 2025 (Unaudited)
COMMON STOCKS - 99.9%	Shares		Value
Communication Services - 6.5%
Alphabet, Inc. - Class A		1,540	$	295,526
Alphabet, Inc. - Class C		1,249		240,882
Meta Platforms, Inc. - Class A		721		557,650
Netflix, Inc. (a)		410		475,354
ROBLOX Corp. - Class A (a)(b)		1,157		159,423
				1,728,835
Consumer Discretionary - 5.5%
Airbnb, Inc. - Class A (a)		895		118,507
Amazon.com, Inc. (a)		2,346		549,222
Booking Holdings, Inc.		43		236,675
Carvana Co. (a)(b)		260		101,444
DoorDash, Inc. - Class A (a)(b)		718		179,679
DraftKings, Inc. (a)		1,030		46,391
Duolingo, Inc. (a)		85		29,457
eBay, Inc.		956		87,713
Flutter Entertainment PLC (a)		365		110,325
				1,459,413
Financials - 19.9%
Aflac, Inc. (b)		342		33,981
Allstate Corp.		188		38,211
American Express Co. (b)		390		116,731
American International Group, Inc.		402		31,207
Ameriprise Financial, Inc.		68		35,237
Aon PLC		154		54,779
Apollo Global Management, Inc. (b)		318		46,212
Arch Capital Group Ltd.		256		22,031
Arthur J Gallagher & Co.		181		51,992
Assurant, Inc.		36		6,743
Bank of America Corp. (b)		4,568		215,929
Bank of New York Mellon Corp.		500		50,725
Berkshire Hathaway, Inc. - Class B (a)		1,279		603,535
Blackrock, Inc. (b)		103		113,919
Blackstone, Inc.		510		88,210
Brown & Brown, Inc.		199		18,183
Capital One Financial Corp.		447		96,105
Cboe Global Markets, Inc.		74		17,837
Charles Schwab Corp.		1,190		116,299
Chubb Ltd.		255		67,840
Cincinnati Financial Corp.		111		16,374
Citigroup, Inc. (b)		1,297		121,529
Citizens Financial Group, Inc.		301		14,364
CME Group, Inc. (b)		246		68,457
Coinbase Global, Inc. - Class A (a)		149		56,286
Corpay, Inc. (a)		50		16,152
Erie Indemnity Co. - Class A		18		6,412
Everest Group Ltd.		31		10,410
FactSet Research Systems, Inc.		27		10,878
Fidelity National Information Services, Inc.		367		29,143
Fifth Third Bancorp		466		19,372
Fiserv, Inc. (a)		383		53,214
Franklin Resources, Inc.		220		5,280
Global Payments, Inc.		166		13,272
Globe Life, Inc.		60		8,428
Goldman Sachs Group, Inc.		219		158,466
Hartford Financial Services Group, Inc.		194		24,132
Huntington Bancshares, Inc. (b)		1,013		16,644
Intercontinental Exchange, Inc. (b)		398		73,562
Invesco Ltd.		318		6,681
Jack Henry & Associates, Inc.		52		8,830
JPMorgan Chase & Co.		1,940		574,706
KeyCorp.		688		12,329
KKR & Co., Inc. (b)		470		68,893
Loews Corp.		116		10,503
M&T Bank Corp.		108		20,380
MarketAxess Holdings, Inc.		27		5,548
Marsh & McLennan Cos., Inc.		339		67,529
Mastercard, Inc. - Class A		563		318,923
MetLife, Inc.		392		29,772
Moody's Corp.		110		56,730
Morgan Stanley		859		122,373
MSCI, Inc.		55		30,875
Nasdaq, Inc.		284		27,326
Northern Trust Corp.		139		18,070
PayPal Holdings, Inc. (a)		2,706		186,065
PNC Financial Services Group, Inc.		271		51,563
Principal Financial Group, Inc.		140		10,896
Progressive Corp.		411		99,478
Prudential Financial, Inc.		242		25,066
Raymond James Financial, Inc.		131		21,894
Regions Financial Corp. (b)		626		15,857
S&P Global, Inc.		221		121,793
State Street Corp.		195		21,791
Synchrony Financial		266		18,532
T Rowe Price Group, Inc.		158		16,029
Travelers Cos., Inc.		161		41,899
Truist Financial Corp.		915		39,995
US Bancorp		1,089		48,961
Visa, Inc. - Class A		1,194		412,491
W R Berkley Corp.		213		14,657
Wells Fargo & Co.		2,263		182,466
Willis Towers Watson PLC		71		22,423
				5,279,405
Health Care - 0.4%
ABIOMED INC (a)(c)		64		0
Veeva Systems, Inc. - Class A (a)		316		89,807
				89,807
Industrials - 20.5%
3M Co. (b)		610		91,024
A O Smith Corp.		130		9,203
Allegion PLC (b)		100		16,592
AMETEK, Inc.		260		48,061
Automatic Data Processing, Inc.		460		142,370
Axon Enterprise, Inc. (a)		90		67,994
Boeing Co. (a)		860		190,782
Broadridge Financial Solutions, Inc.		130		32,176
Builders FirstSource, Inc. (a)		130		16,527
Carrier Global Corp.		910		62,444
Caterpillar, Inc.		540		236,531
CH Robinson Worldwide, Inc.		140		16,145
Cintas Corp.		390		86,795
Copart, Inc. (a)		2,834		128,465
CSX Corp.		2,140		76,056
Cummins, Inc.		160		58,819
Dayforce, Inc. (a)		180		10,381
Deere & Co.		290		152,067
Delta Air Lines, Inc.		750		39,908
Dover Corp.		160		28,982
Eaton Corp. PLC (b)		450		173,124
Emerson Electric Co.		640		93,126
Equifax, Inc. (b)		140		33,632
Expeditors International of Washington, Inc.		160		18,598
Fastenal Co.		1,310		60,430
FedEx Corp.		250		55,873
Fortive Corp.		390		18,693
GE Vernova, Inc.		310		204,690
Generac Holdings, Inc. (a)		70		13,628
General Dynamics Corp.		290		90,367
General Electric Co.		1,220		330,718
Honeywell International, Inc. (b)		730		162,316
Howmet Aerospace, Inc. (b)		460		82,694
Hubbell, Inc.		60		26,249
Huntington Ingalls Industries, Inc.		50		13,943
IDEX Corp.		90		14,716
Illinois Tool Works, Inc. (b)		300		76,791
Ingersoll Rand, Inc.		460		38,930
Jacobs Solutions, Inc. (b)		140		19,862
JB Hunt Trasport Services, Inc.		90		12,965
Johnson Controls International PLC		750		78,750
L3Harris Technologies, Inc.		210		57,712
Leidos Holdings, Inc.		150		23,948
Lennox International, Inc.		40		24,360
Lockheed Martin Corp.		240		101,035
Masco Corp.		240		16,351
Nordson Corp.		60		12,853
Norfolk Southern Corp.		260		72,280
Northrop Grumman Corp.		150		86,492
Old Dominion Freight Line, Inc.		210		31,342
Otis Worldwide Corp.		450		38,561
PACCAR, Inc.		600		59,256
Parker-Hannifin Corp.		150		109,785
Paychex, Inc.		370		53,402
Paycom Software, Inc. (b)		157		36,352
Pentair PLC		190		19,418
Quanta Services, Inc. (b)		170		69,042
Republic Services, Inc.		230		53,049
Rockwell Automation, Inc.		130		45,722
Rollins, Inc.		320		18,326
RTX Corp.		1,530		241,082
Snap-On, Inc.		60		19,271
Southwest Airlines Co. (b)		650		20,104
Stanley Black & Decker, Inc. (b)		180		12,177
Textron, Inc.		210		16,332
Trane Technologies PLC		260		113,901
TransDigm Group, Inc.		70		112,592
Uber Technologies, Inc. (a)		2,390		209,722
Union Pacific Corp. (b)		680		150,940
United Airlines Holdings, Inc. (a)		370		32,675
United Parcel Service, Inc. - Class B		840		72,374
United Rentals, Inc. (b)		80		70,635
Veralto Corp.		280		29,352
Verisk Analytics, Inc.		160		44,594
W.W. Grainger, Inc.		50		51,977
Waste Management, Inc.		420		96,247
Westinghouse Air Brake Technologies Corp.		200		38,410
Xylem, Inc.		280		40,494
				5,433,582
Information Technology - 26.9%(d)
Accenture PLC - Class A		190		50,749
Adobe, Inc. (a)		130		46,500
Advanced Micro Devices, Inc. (a)		480		84,629
Akamai Technologies, Inc. (a)		348		26,556
Amphenol Corp.		360		38,344
Analog Devices, Inc.		150		33,695
Apple, Inc.		4,430		919,535
Applied Materials, Inc. (b)		240		43,214
Arista Networks, Inc. (a)		2,452		302,135
Atlassian Corp. - Class A (a)		340		65,205
Autodesk, Inc. (a)		60		18,187
Box, Inc. (a)(b)		297		9,534
Broadcom, Inc.		1,390		408,243
Cadence Design System, Inc. (a)		80		29,166
CDW Corp.		40		6,975
Ciena Corp. (a)		293		27,202
Cisco Systems, Inc.		5,043		343,327
Cloudflare, Inc. - Class A (a)(b)		646		134,161
Cognizant Technology Solutions Corp.		150		10,764
Confluent, Inc. - Class A (a)		597		10,582
Corning, Inc.		230		14,545
Crowdstrike Holdings, Inc. (a)		70		31,820
Datadog, Inc. - Class A (a)		766		107,225
Dell Technologies, Inc. - Class C		90		11,942
DocuSign, Inc. (a)		421		31,844
Dropbox, Inc. - Class A (a)		407		11,058
Enphase Energy, Inc. (a)		40		1,294
EPAM Systems, Inc. (a)(b)		20		3,154
F5, Inc. (a)		135		42,312
Fair Isaac Corp. (a)		10		14,367
First Solar, Inc. (a)		30		5,242
Fortinet, Inc. (a)		190		18,981
Gartner, Inc. (a)		20		6,773
Gen Digital, Inc.		160		4,718
GoDaddy, Inc. - Class A (a)		340		54,937
Hewlett Packard Enterprise Co.		390		8,069
HP, Inc.		280		6,944
HubSpot, Inc. (a)		107		55,603
Intel Corp. (b)		1,290		25,542
International Business Machines Corp. (b)		270		68,350
Intuit, Inc.		80		62,810
Jabil, Inc. (b)		30		6,695
Keysight Technologies, Inc. (a)		50		8,196
KLA Corp.		40		35,161
Lam Research Corp.		380		36,039
MARA Holdings, Inc. (a)(b)		732		11,771
Microchip Technology, Inc.		160		10,814
Micron Technology, Inc.		330		36,016
Microsoft Corp.		2,200		1,173,700
Monolithic Power Systems, Inc. (b)		14		9,957
Motorola Solutions, Inc.		50		21,949
NetApp, Inc.		60		6,248
Nutanix, Inc. (a)		520		39,088
NVIDIA Corp.		7,220		1,284,221
NXP Semiconductors NV		80		17,102
Okta, Inc. (a)		352		34,426
ON Semiconductor Corp. (a)		120		6,763
Oracle Corp.		480		121,810
Palantir Technologies, Inc. - Class A (a)		630		99,761
Palo Alto Networks, Inc. (a)(b)		200		34,720
PTC, Inc. (a)		40		8,592
Qualcomm, Inc.		320		46,963
Roper Technologies, Inc.		30		16,512
salesforce.com, Inc.		1,126		290,880
Seagate Technology Holdings PLC		60		9,421
ServiceNow, Inc. (a)		60		56,587
Skyworks Solutions, Inc.		40		2,742
Snowflake, Inc. (a)(b)		696		155,556
Super Micro Computer, Inc. (a)(b)		150		8,846
Synopsys, Inc. (a)		60		38,133
TE Connectivity PLC		90		18,518
Teledyne Technologies, Inc. (a)		10		5,510
Teradyne, Inc.		50		5,371
Texas Instruments, Inc.		270		48,886
Trimble, Inc. (a)(b)		70		5,872
Tyler Technologies, Inc. (a)		10		5,846
VeriSign, Inc.		196		52,699
Western Digital Corp. (b)		100		7,869
Workday, Inc. - Class A (a)(b)		512		117,443
Zebra Technologies Corp. (a)		20		6,780
Zoom Communications, Inc. - Class A (a)		552		40,876
				7,140,572
Utilities - 20.2%
AES Corp. (b)		2,890		38,004
Alliant Energy Corp. (b)		1,040		67,610
Ameren Corp.		1,100		111,243
American Electric Power Co., Inc.		2,170		245,514
American Water Works Co., Inc. (b)		790		110,790
Atmos Energy Corp.		650		101,348
CenterPoint Energy, Inc.		2,650		102,873
CMS Energy Corp.		1,220		90,036
Consolidated Edison, Inc.		1,460		151,110
Constellation Energy Corp.		1,280		445,235
Dominion Energy, Inc.		3,470		202,821
DTE Energy Co.		840		116,264
Duke Energy Corp. (b)		3,160		384,382
Edison International		1,560		81,307
Entergy Corp.		1,810		163,678
Evergy, Inc. (b)		940		66,552
Eversource Energy		1,490		98,489
Exelon Corp.		4,100		184,254
FirstEnergy Corp.		2,090		89,264
NextEra Energy, Inc.		8,400		596,904
NiSource, Inc. (b)		1,910		81,079
NRG Energy, Inc.		800		133,760
PG&E Corp.		8,930		125,199
Pinnacle West Capital Corp.		490		44,404
PPL Corp.		3,010		107,427
Public Service Enterprise Group, Inc.		2,030		182,274
Sempra		2,650		216,452
Southern Co. (b)		4,470		422,326
Vistra Corp.		1,380		287,785
WEC Energy Group, Inc.		1,300		141,804
Xcel Energy, Inc. (b)		2,340		171,850
				5,362,038
TOTAL COMMON STOCKS (Cost $25,250,290)				26,493,652
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 15.5%	Units
Mount Vernon Liquid Assets Portfolio, LLC, 4.58%(e)		4,110,606		4,110,606
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $4,110,606)				4,110,606
TOTAL INVESTMENTS - 115.4% (Cost $29,360,896)				30,604,258
Liabilities in Excess of Other Assets - (15.4)%				(4,087,763	)
TOTAL NET ASSETS - 100.0%			$	26,516,495
two				–	%
Percentages are stated as a percent of net assets.				–	%
The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.

LLC - Limited Liability Company

PLC - Public Limited Company

(a)	Non-income producing security.
(b)	All or a portion of this security is on loan as of July 31, 2025. The fair value of these securities was $4,035,962.
(c)	Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $0 or 0.0% of net assets as of July 31, 2025.
(d)	To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(e)	The rate shown represents the 7-day annualized effective yield as of July 31, 2025.

Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)

Pacer WealthShield ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund’s securities as of July 31, 2025:

	Level 1		Level 2		Level 3		Total
Assets:
Investments:
Common Stocks	$	26,493,652	$	–	$	0	$	26,493,652
Investments Purchased with Proceeds from Securities Lending(a)		–		–		–		4,110,606
Total Investments	$	26,493,652	$	–	$	0	$	30,604,258
Refer to the Schedule of Investments for further disaggregation of investment categories.

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of $4,110,606 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

PWS(a)	Balance as of 04/30/2025		Net Realized Gain (Loss)		Change in Net Unrealized Appreciation (Depreciation)		Purchases		Sales		Transfers Into Level 3		Transfers Out of Level 3		Balance as of 07/31/2025
Common Stocks	$	0	$	-	$	-	$	-	$	-	$	-	$	-	$	0
The following is a summary of quantitative information about Level 3 Fair Value Measurements:
PWS	Fair Value as of 7/31/2025		Valuation Techniques		Unobservable Input		Impact to Valuation From an Increase to Input
Common Stocks	$	0	Acquisition Price		Stale Data		$0.00 USD
(a) Table presents information for one security: Abiomed Inc., which has been valued at $0.00 USD throughout the period.