Pacer Advisors Inc. Has $10.95 Million Position in Pacer Trendpilot US Large Cap ETF $PTLC

Pacer Advisors Inc. cut its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 13.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 196,938 shares of the company’s stock after selling 30,834 shares during the quarter. Pacer Advisors Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $10,946,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PTLC. Burkett Financial Services LLC bought a new position in Pacer Trendpilot US Large Cap ETF during the 3rd quarter worth $41,000. Ancora Advisors LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF in the third quarter valued at about $57,000. Root Financial Partners LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at about $136,000. Sard Wealth Management Group LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at about $200,000. Finally, Benjamin Edwards Inc. bought a new position in Pacer Trendpilot US Large Cap ETF during the second quarter worth about $208,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

BATS:PTLC opened at $58.28 on Monday. Pacer Trendpilot US Large Cap ETF has a 52 week low of $48.62 and a 52 week high of $59.15. The firm’s 50-day simple moving average is $56.91 and its 200 day simple moving average is $55.96. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

Pacer Trendpilot US Large Cap ETF 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.