Financial Advocates Investment Management Decreases Stock Position in Pacer Trendpilot US Large Cap ETF $PTLC

Financial Advocates Investment Management decreased its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 23.4% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 82,362 shares of the company’s stock after selling 25,182 shares during the quarter. Pacer Trendpilot US Large Cap ETF makes up 2.5% of Financial Advocates Investment Management’s holdings, making the stock its 8th largest holding. Financial Advocates Investment Management owned 0.13% of Pacer Trendpilot US Large Cap ETF worth $4,510,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of PTLC. Sfmg LLC bought a new stake in Pacer Trendpilot US Large Cap ETF during the second quarter valued at about $114,079,000. CFS Investment Advisory Services LLC grew its position in shares of Pacer Trendpilot US Large Cap ETF by 1.3% during the third quarter. CFS Investment Advisory Services LLC now owns 2,071,644 shares of the company’s stock worth $115,287,000 after purchasing an additional 27,592 shares in the last quarter. Osaic Holdings Inc. raised its stake in Pacer Trendpilot US Large Cap ETF by 21.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,335,894 shares of the company’s stock valued at $67,811,000 after purchasing an additional 231,753 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Pacer Trendpilot US Large Cap ETF by 7.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 656,302 shares of the company’s stock worth $33,314,000 after purchasing an additional 46,306 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its holdings in Pacer Trendpilot US Large Cap ETF by 30.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 466,086 shares of the company’s stock worth $23,659,000 after purchasing an additional 109,889 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of PTLC opened at $55.50 on Friday. The firm has a market cap of $3.63 billion, a P/E ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 1 year low of $47.13 and a 1 year high of $56.97. The company has a 50 day simple moving average of $56.23 and a two-hundred day simple moving average of $54.91.

About Pacer Trendpilot US Large Cap ETF

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.