SCHEDULE 13G/A: Pacer Funds and Affiliates Disclose Passive Stake in Etsy, Inc.

Pacer Funds, Pacer Advisors, Inc., and Joe M. Thomson have filed an amended Schedule 13G, disclosing a combined passive beneficial ownership of 1.19% of Etsy, Inc.'s common stock as of March 31, 2025.

Summary

• The filing is an Amendment No. 1 to Schedule 13G for Etsy, Inc. (Issuer: Etsy, Inc., CUSIP: 29786A106).
• The reporting persons include Pacer US Small Cap Cash Cows ETF, Pacer US Cash Cows 100 ETF, Pacer US Large Cap Cash Cows Growth Leaders ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF (collectively, the Funds), Pacer Advisors, Inc. (the Adviser), and Joe M. Thomson.
• As of March 31, 2025, the reporting persons collectively beneficially own 1,291,697 shares of Etsy, Inc. common stock.
• This aggregate beneficial ownership represents 1.19% of Etsy, Inc.'s outstanding common stock.
• The percentage is calculated based on 108,540,000 shares of common stock issued and outstanding as of December 31, 2024, as reported by the Issuer.
• The shares are held with shared voting power and shared dispositive power by the reporting persons.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Etsy, Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding Etsy, Inc.'s performance or prospects.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

This document does not contain any forward-looking statements or guidance regarding Etsy, Inc.'s future performance or outlook.

Management Comments

• Joe M. Thomson, as Chairman and President of Pacer Funds Trust and President of Pacer Advisors, Inc., certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of Etsy, Inc.

Industry Context

This filing is a routine disclosure of passive beneficial ownership by an investment firm and its affiliates, and does not provide specific insights into broader industry trends or competitive dynamics for Etsy, Inc.

Stakeholder Impact

• Indicates continued institutional investment interest in Etsy, Inc. by Pacer Funds and their affiliates, albeit a passive and relatively small stake.

Key Dates

Keywords

Etsy, SEC filing, Schedule 13G, beneficial ownership, Pacer Funds, Pacer Advisors, Joe M. Thomson, common stock, investment