AlphaCore Capital LLC Makes New $8.28 Million Investment in Pacer Trendpilot US Large Cap ETF $PTLC

AlphaCore Capital LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 147,310 shares of the company’s stock, valued at approximately $8,275,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of PTLC. Wolff Wiese Magana LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the third quarter worth about $40,000. Burkett Financial Services LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the third quarter worth about $41,000. Ancora Advisors LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the third quarter worth about $57,000. Sard Wealth Management Group LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth about $200,000. Finally, Benjamin Edwards Inc. acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the second quarter worth about $208,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

BATS:PTLC opened at $57.49 on Friday. Pacer Trendpilot US Large Cap ETF has a one year low of $47.13 and a one year high of $58.33. The business’s 50-day simple moving average is $54.68 and its 200 day simple moving average is $55.52. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

Pacer Trendpilot US Large Cap ETF Company Profile

The Pacer Trendpilot US Large Cap ETF (PTLC) is an exchange-traded fund that is based on the Pacer Trendpilot US Large Cap index. The fund tracks an index that allocates to a proprietary US large-cap index and\u002For 3-month US T-bills, according to momentum. PTLC was launched on Jun 11, 2015 and is managed by Pacer.