Pacer Advisors Inc. Sells 30,834 Shares of Pacer Trendpilot US Large Cap ETF $PTLC

Pacer Advisors Inc. cut its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 13.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 196,938 shares of the company’s stock after selling 30,834 shares during the period. Pacer Advisors Inc. owned 0.30% of Pacer Trendpilot US Large Cap ETF worth $10,946,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. HBW Advisory Services LLC increased its position in shares of Pacer Trendpilot US Large Cap ETF by 4.5% during the 4th quarter. HBW Advisory Services LLC now owns 5,718 shares of the company’s stock worth $318,000 after purchasing an additional 245 shares during the last quarter. Equitable Holdings Inc. grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 1.2% in the third quarter. Equitable Holdings Inc. now owns 23,391 shares of the company’s stock valued at $1,281,000 after buying an additional 267 shares in the last quarter. Kinloch Capital LLC grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 6.5% in the third quarter. Kinloch Capital LLC now owns 4,754 shares of the company’s stock valued at $260,000 after buying an additional 290 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Pacer Trendpilot US Large Cap ETF by 9.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 4,849 shares of the company’s stock worth $270,000 after buying an additional 428 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in Pacer Trendpilot US Large Cap ETF by 1.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 27,156 shares of the company’s stock worth $1,509,000 after buying an additional 484 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

BATS PTLC opened at $58.28 on Monday. The firm’s fifty day moving average price is $56.91 and its two-hundred day moving average price is $55.96. Pacer Trendpilot US Large Cap ETF has a 1 year low of $48.62 and a 1 year high of $59.15. The firm has a market capitalization of $3.81 billion, a P/E ratio of 25.78 and a beta of 0.60.

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.