CFS Investment Advisory Services LLC Cuts Stake in Pacer Trendpilot US Large Cap ETF $PTLC

CFS Investment Advisory Services LLC cut its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 1.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,034,543 shares of the company’s stock after selling 34,888 shares during the period. Pacer Trendpilot US Large Cap ETF makes up about 7.9% of CFS Investment Advisory Services LLC’s investment portfolio, making the stock its largest holding. CFS Investment Advisory Services LLC owned about 3.11% of Pacer Trendpilot US Large Cap ETF worth $112,490,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PTLC. Burkett Financial Services LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF in the 3rd quarter valued at approximately $41,000. Ancora Advisors LLC acquired a new position in Pacer Trendpilot US Large Cap ETF during the 3rd quarter worth $57,000. Sankala Group LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth $77,000. Realta Investment Advisors grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 179.9% in the first quarter. Realta Investment Advisors now owns 1,528 shares of the company’s stock worth $80,000 after purchasing an additional 982 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth $136,000.

Pacer Trendpilot US Large Cap ETF Trading Down 0.2%

Pacer Trendpilot US Large Cap ETF stock opened at $58.17 on Thursday. Pacer Trendpilot US Large Cap ETF has a 52 week low of $50.75 and a 52 week high of $59.15. The stock has a market cap of $3.81 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60. The company’s 50-day moving average price is $57.72 and its two-hundred day moving average price 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.