Empirical Finance LLC Sells 240,431 Shares of Pacer Trendpilot US Mid Cap ETF $PTMC

Empirical Finance LLC decreased its holdings in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 83.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,411 shares of the company’s stock after selling 240,431 shares during the period. Empirical Finance LLC owned 0.39% of Pacer Trendpilot US Mid Cap ETF worth $1,770,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ancora Advisors LLC bought a new position in Pacer Trendpilot US Mid Cap ETF in the 3rd quarter worth approximately $38,000. International Assets Investment Management LLC purchased a new position in Pacer Trendpilot US Mid Cap ETF in the 4th quarter valued at approximately $62,000. Northwestern Mutual Wealth Management Co. raised its holdings in Pacer Trendpilot US Mid Cap ETF by 34.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock valued at $65,000 after acquiring an additional 479 shares during the period. Keybank National Association OH bought a new stake in Pacer Trendpilot US Mid Cap ETF during the 1st quarter valued at $217,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of Pacer Trendpilot US Mid Cap ETF by 26.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 7,664 shares of the company’s stock worth $273,000 after acquiring an additional 1,587 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Price Performance

Pacer Trendpilot US Mid Cap ETF stock opened at $41.04 on Friday. Pacer Trendpilot US Mid Cap ETF has a one year low of $33.60 and a one year high of $41.87. The business has a fifty day moving average price of $40.72 and a 200-day moving average price of $38.96. The firm has a market capitalization of $515.05 million, a P/E ratio of 17.49 and a beta of 0.55.

About Pacer Trendpilot US Mid Cap ETF

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