SCHEDULE 13G: Pacer Funds and Affiliates Disclose 7.32% Passive Stake in Ironwood Pharmaceuticals
Beneficial Ownership Disclosure
Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Inc., and Joe M. Thomson have jointly reported a passive beneficial ownership of 7.32% of Ironwood Pharmaceuticals Inc.'s Class A Common Stock as of December 31, 2024.
Summary
- The filing is a Schedule 13G, indicating beneficial ownership of more than 5% of Ironwood Pharmaceuticals Inc.'s Class A Common Stock.
- The reporting persons are Pacer US Small Cap Cash Cows ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer Advisors, Inc., and Joe M. Thomson.
- Collectively, the reporting persons beneficially own an aggregate of 11,730,771 shares of Ironwood Pharmaceuticals Inc. Class A Common Stock.
- This ownership represents 7.32% of the total Class A Common Stock outstanding, calculated based on 160,205,899 shares outstanding as of December 31, 2024.
- All reporting persons hold shared voting power and shared dispositive power over the 11,730,771 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of a passive ownership stake and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or prospects.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership threshold met) |
| 05/02/2025 | Filing date of Schedule 13G and Joint Filing Agreement |
Keywords
Ironwood Pharmaceuticals, Schedule 13G, Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Joe M. Thomson, beneficial ownership, Class A Common Stock, passive investment, SEC filing
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