Pacer Trendpilot US Large Cap ETF $PTLC Position Trimmed by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. decreased its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 53.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,066 shares of the company’s stock after selling 30,928 shares during the period. Beam Wealth Advisors Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,420,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Burkett Financial Services LLC purchased a new position in Pacer Trendpilot US Large Cap ETF during the third quarter valued at approximately $41,000. Ancora Advisors LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 3rd quarter worth approximately $57,000. Sankala Group LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth approximately $77,000. Realta Investment Advisors boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 179.9% during the 1st quarter. Realta Investment Advisors now owns 1,528 shares of the company’s stock valued at $80,000 after buying an additional 982 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at $136,000.

Pacer Trendpilot US Large Cap ETF Stock Down 0.2%

Pacer Trendpilot US Large Cap ETF stock opened at $58.17 on Thursday. Pacer Trendpilot US Large Cap ETF has a 12 month low of $50.75 and a 12 month high of $59.15. The stock has a market cap of $3.81 billion, a P/E ratio of 25.78 and a beta of 0.60. The company’s fifty day simple moving average is $57.72 and its 200-day simple moving average is $56.13.

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.