Pacer Advisors Inc. Sells 26,456 Shares of Pacer Trendpilot US Mid Cap ETF $PTMC

Pacer Advisors Inc. cut its stake in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 8.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 299,452 shares of the company’s stock after selling 26,456 shares during the period. Pacer Advisors Inc. owned 2.39% of Pacer Trendpilot US Mid Cap ETF worth $10,681,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PTMC. Royal Bank of Canada raised its position in shares of Pacer Trendpilot US Mid Cap ETF by 0.5% in the 1st quarter. Royal Bank of Canada now owns 127,218 shares of the company’s stock worth $4,402,000 after acquiring an additional 586 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Pacer Trendpilot US Mid Cap ETF by 34.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock valued at $65,000 after purchasing an additional 479 shares during the period. NewEdge Advisors LLC boosted its position in shares of Pacer Trendpilot US Mid Cap ETF by 93.6% during the second quarter. NewEdge Advisors LLC now owns 256,104 shares of the company’s stock valued at $8,933,000 after purchasing an additional 123,836 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Pacer Trendpilot US Mid Cap ETF by 2.0% during the second quarter. Raymond James Financial Inc. now owns 274,482 shares of the company’s stock valued at $9,574,000 after purchasing an additional 5,349 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of Pacer Trendpilot US Mid Cap ETF by 39.7% during the second quarter. Geneos Wealth Management Inc. now owns 67,594 shares of the company’s stock valued at $2,358,000 after purchasing an additional 19,196 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Price Performance

Shares of PTMC stock opened at $41.15 on Monday. The business’s fifty day moving average is $39.83 and its 200 day moving average is $38.18. The stock has a market cap of $516.43 million, a price-to-earnings ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a twelve month low of $33.60 and a twelve month high of $41.75.

Pacer Trendpilot US Mid Cap ETF Company Profile

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.