Beam Wealth Advisors Inc. Has $1.42 Million Stake in Pacer Trendpilot US Large Cap ETF $PTLC

Beam Wealth Advisors Inc. decreased its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 53.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 27,066 shares of the company’s stock after selling 30,928 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,420,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its stake in Pacer Trendpilot US Large Cap ETF by 8.7% in the first quarter. Goldman Sachs Group Inc. now owns 16,147 shares of the company’s stock valued at $831,000 after acquiring an additional 1,291 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter worth $1,607,000. Camarda Financial Advisors LLC raised its holdings in shares of Pacer Trendpilot US Large Cap ETF by 7.5% during the 2nd quarter. Camarda Financial Advisors LLC now owns 24,905 shares of the company’s stock valued at $1,264,000 after purchasing an additional 1,737 shares in the last quarter. Vienna Asset Management LLC raised its holdings in shares of Pacer Trendpilot US Large Cap ETF by 36.1% during the 2nd quarter. Vienna Asset Management LLC now owns 108,772 shares of the company’s stock valued at $5,521,000 after purchasing an additional 28,860 shares in the last quarter. Finally, Benjamin Edwards Inc. acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 2nd quarter valued at $208,000.

Pacer Trendpilot US Large Cap ETF Trading Down 0.2%

PTLC stock opened at $58.17 on Thursday. The firm has a market cap of $3.81 billion, a PE ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 1 year low of $50.75 and a 1 year high of $59.15. The company has a fifty day simple moving average of $57.72 and a 200 day simple moving average of $56.13.

About Pacer Trendpilot US Large Cap ETF

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.