Pacer Trendpilot European Index ETF (BATS:PTEU) Short Interest Update

Pacer Trendpilot European Index ETF (BATS:PTEU) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,845 shares, a growth of 1,011.4% from the June 30th total of 166 shares. Based on an average daily volume of 2,043 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Pacer Trendpilot European Index ETF

Large investors have recently made changes to their positions in the company. J2 Capital Management Inc raised its stake in Pacer Trendpilot European Index ETF by 3.2% during the 1st quarter. J2 Capital Management Inc now owns 117,010 shares of the company’s stock worth $3,487,000 after buying an additional 3,677 shares during the period. Jane Street Group LLC acquired a new position in Pacer Trendpilot European Index ETF in the second quarter valued at about $1,945,000. LPL Financial LLC increased its holdings in shares of Pacer Trendpilot European Index ETF by 1.0% in the fourth quarter. LPL Financial LLC now owns 52,828 shares of the company’s stock worth $1,623,000 after acquiring an additional 546 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of Pacer Trendpilot European Index ETF by 4.0% in the fourth quarter. Stifel Financial Corp now owns 40,839 shares of the company’s stock worth $1,255,000 after acquiring an additional 1,565 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its position in shares of Pacer Trendpilot European Index ETF by 2.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 30,430 shares of the company’s stock worth $935,000 after purchasing an additional 836 shares during the period.

Pacer Trendpilot European Index ETF Price Performance

PTEU traded up $0.17 during mid-day trading on Friday, hitting $32.81. The stock had a trading volume of 7,927 shares, compared to its average volume of 2,841. The stock’s fifty day simple moving average is $32.87 and its 200-day simple moving average is $31.94. The firm has a market capitalization of $42.65 million, a price-to-earnings ratio of 16.12 and a beta of 0.43. Pacer Trendpilot European Index ETF has a 1-year low of $27.67 and a 1-year high of $33.81.

Pacer Trendpilot European Index ETF Company Profile

The Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that is based on the Pacer Trendpilot European index. The fund tracks an index of large- and mid-cap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum. PTEU was launched on Dec 15, 2015 and is managed by Pacer.