Pacer Advisors Inc. Sells 47,333 Shares of Pacer Trendpilot International ETF $PTIN

Pacer Advisors Inc. cut its holdings in Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 11.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 353,488 shares of the company’s stock after selling 47,333 shares during the quarter. Pacer Advisors Inc. owned approximately 7.21% of Pacer Trendpilot International ETF worth $11,117,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealthspire Retirement LLC bought a new position in shares of Pacer Trendpilot International ETF in the fourth quarter valued at about $560,000. NewEdge Advisors LLC grew its holdings in Pacer Trendpilot International ETF by 47.7% during the 4th quarter. NewEdge Advisors LLC now owns 23,370 shares of the company’s stock worth $735,000 after acquiring an additional 7,552 shares during the last quarter. Cetera Investment Advisers grew its holdings in Pacer Trendpilot International ETF by 1.0% during the 4th quarter. Cetera Investment Advisers now owns 438,456 shares of the company’s stock worth $13,789,000 after acquiring an additional 4,263 shares during the last quarter. MML Investors Services LLC grew its holdings in Pacer Trendpilot International ETF by 12.8% during the 4th quarter. MML Investors Services LLC now owns 91,947 shares of the company’s stock worth $2,892,000 after acquiring an additional 10,427 shares during the last quarter. Finally, Summit Financial LLC increased its position in Pacer Trendpilot International ETF by 111.1% in the 4th quarter. Summit Financial LLC now owns 24,491 shares of the company’s stock valued at $790,000 after acquiring an additional 12,891 shares in the last quarter.

Pacer Trendpilot International ETF Stock Performance

PTIN opened at $37.31 on Monday. Pacer Trendpilot International ETF has a 1-year low of $25.50 and a 1-year high of $37.52. The stock has a market capitalization of $195.88 million, a PE ratio of 16.15 and a beta of 0.54. The firm has a 50-day moving average price of $35.67 and a two-hundred day moving average price of $34.01.

About Pacer Trendpilot International ETF

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.