Pacer Advisors Inc. Cuts Stock Holdings in Pacer Trendpilot International ETF $PTIN

Pacer Advisors Inc. reduced its position in shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 11.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 353,488 shares of the company’s stock after selling 47,333 shares during the period. Pacer Advisors Inc. owned approximately 7.21% of Pacer Trendpilot International ETF worth $11,117,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in PTIN. Royal Bank of Canada increased its holdings in Pacer Trendpilot International ETF by 52.3% in the first quarter. Royal Bank of Canada now owns 40,013 shares of the company’s stock valued at $1,173,000 after buying an additional 13,735 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Pacer Trendpilot International ETF by 14.9% in the first quarter. NewEdge Advisors LLC now owns 9,475 shares of the company’s stock valued at $278,000 after buying an additional 1,230 shares in the last quarter. Jane Street Group LLC increased its holdings in Pacer Trendpilot International ETF by 160.8% in the first quarter. Jane Street Group LLC now owns 53,012 shares of the company’s stock valued at $1,554,000 after buying an additional 32,686 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Pacer Trendpilot International ETF by 5.9% in the second quarter. Raymond James Financial Inc. now owns 299,854 shares of the company’s stock valued at $8,699,000 after buying an additional 16,792 shares in the last quarter. Finally, MML Investors Services LLC purchased a new position in Pacer Trendpilot International ETF in the second quarter valued at about $2,632,000.

Pacer Trendpilot International ETF Trading Up 1.0%

Shares of Pacer Trendpilot International ETF stock opened at $35.93 on Thursday. Pacer Trendpilot International ETF has a 12-month low of $25.50 and a 12-month high of $36.06. The stock has a market cap of $188.63 million, a PE ratio of 16.15 and a beta of 0.53. The company has a 50-day moving average of $33.84 and a two-hundred day moving average of $33.02.

About Pacer Trendpilot International ETF

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.