Prospera Financial Services Inc Increases Stock Position in Pacer Trendpilot US Large Cap ETF $PTLC

Prospera Financial Services Inc raised its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 26.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,904 shares of the company’s stock after purchasing an additional 10,534 shares during the quarter. Prospera Financial Services Inc’s holdings in Pacer Trendpilot US Large Cap ETF were worth $2,830,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in PTLC. Merit Financial Group LLC boosted its holdings in Pacer Trendpilot US Large Cap ETF by 5,560.7% in the 4th quarter. Merit Financial Group LLC now owns 439,212 shares of the company’s stock valued at $24,411,000 after purchasing an additional 431,453 shares in the last quarter. AlphaCore Capital LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at approximately $8,275,000. Pacific Park Financial Inc. purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at approximately $5,122,000. Western Wealth Management LLC boosted its holdings in Pacer Trendpilot US Large Cap ETF by 710.6% in the 4th quarter. Western Wealth Management LLC now owns 84,835 shares of the company’s stock valued at $4,715,000 after purchasing an additional 74,369 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in Pacer Trendpilot US Large Cap ETF by 189.1% in the 3rd quarter. HighTower Advisors LLC now owns 108,437 shares of the company’s stock valued at $5,938,000 after purchasing an additional 70,924 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 0.7%

Shares of PTLC opened at $58.38 on Wednesday. The stock’s 50 day moving average is $55.09 and its two-hundred day moving average is $55.59. The firm has a market capitalization of $3.82 billion, a PE ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a twelve month low of $47.78 and a twelve month high of $58.53.

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.