Gaddis Premier Wealth Advisors LLC purchased a new stake in shares of Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND – Free Report) in the 4th quarter, HoldingsChannel reports. The firm purchased 19,438 shares of the company’s stock, valued at approximately $654,000.
Several other institutional investors have also added to or reduced their stakes in TRND. Raymond James Financial Inc. boosted its holdings in shares of Pacer Trendpilot Fund of Funds ETF by 1.4% during the third quarter. Raymond James Financial Inc. now owns 112,340 shares of the company’s stock worth $3,774,000 after purchasing an additional 1,600 shares during the period. Bank of America Corp DE boosted its holdings in shares of Pacer Trendpilot Fund of Funds ETF by 1.6% during the second quarter. Bank of America Corp DE now owns 184,012 shares of the company’s stock worth $5,877,000 after purchasing an additional 2,939 shares during the period. Susquehanna International Group LLP boosted its holdings in shares of Pacer Trendpilot Fund of Funds ETF by 85.9% during the third quarter. Susquehanna International Group LLP now owns 15,454 shares of the company’s stock worth $519,000 after purchasing an additional 7,140 shares during the period. Royal Bank of Canada boosted its holdings in shares of Pacer Trendpilot Fund of Funds ETF by 301.4% during the first quarter. Royal Bank of Canada now owns 9,735 shares of the company’s stock worth $313,000 after purchasing an additional 7,310 shares during the period. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of Pacer Trendpilot Fund of Funds ETF during the third quarter worth about $275,000.
Pacer Trendpilot Fund of Funds ETF Trading Up 0.5%
Pacer Trendpilot Fund of Funds ETF stock opened at $36.29 on Tuesday. The firm has a 50-day moving average of $35.29 and a 200-day moving average of $34.65. The firm has a market cap of $58.06 million, a P/E ratio of 15.57 and a beta of 0.52. Pacer Trendpilot Fund of Funds ETF has a 1-year low of $30.59 and a 1-year high of $38.00.
About Pacer Trendpilot Fund of Funds ETF
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.
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Want to see what other hedge funds are holding TRND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND – Free Report).
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