Retirement Planning Group LLC Makes New Investment in Pacer Trendpilot Fund of Funds ETF $TRND

Retirement Planning Group LLC bought a new stake in Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 66,125 shares of the company’s stock, valued at approximately $2,426,000. Retirement Planning Group LLC owned about 3.89% of Pacer Trendpilot Fund of Funds ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of TRND. Mather Group LLC. bought a new stake in Pacer Trendpilot Fund of Funds ETF in the 3rd quarter valued at about $1,729,000. CX Institutional acquired a new stake in shares of Pacer Trendpilot Fund of Funds ETF in the third quarter valued at approximately $30,000. Bank of America Corp DE increased its stake in shares of Pacer Trendpilot Fund of Funds ETF by 0.3% in the first quarter. Bank of America Corp DE now owns 188,403 shares of the company’s stock valued at $6,225,000 after purchasing an additional 513 shares during the period. Royal Bank of Canada increased its stake in shares of Pacer Trendpilot Fund of Funds ETF by 1,244.1% in the first quarter. Royal Bank of Canada now owns 17,877 shares of the company’s stock valued at $591,000 after purchasing an additional 16,547 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of Pacer Trendpilot Fund of Funds ETF by 13.8% during the first quarter. Cetera Investment Advisers now owns 46,911 shares of the company’s stock valued at $1,550,000 after buying an additional 5,700 shares during the last quarter.

Pacer Trendpilot Fund of Funds ETF Trading Up 0.3%

TRND opened at $36.38 on Wednesday. The business’s 50 day moving average is $37.02 and its 200-day moving average is $36.44. The stock has a market cap of $61.85 million, a PE ratio of 15.57 and a beta of 0.52. Pacer Trendpilot Fund of Funds ETF has a twelve month low of $30.59 and a twelve month high of $39.09.

Pacer Trendpilot Fund of Funds ETF Profile

The Pacer Trendpilot Fund of Funds ETF (TRND) is an exchange-traded fund that is based on the Pacer Trendpilot Fund of Funds index. TRND, a fund of funds, provides exposure to large- and mid-cap companies in developed markets including the US. Its underlying funds use momentum to toggle to cash at 50% or 100%. TRND was launched on May 3, 2019 and is managed by Pacer.