Pacer Advisors Inc. Sells 6,200 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Pacer Advisors Inc. reduced its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 3.0% in the third quarter, Holdings Channel.com reports. The fund owned 198,732 shares of the company’s stock after selling 6,200 shares during the quarter. Pacer Advisors Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $10,443,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Kinloch Capital LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the first quarter worth $275,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of Pacer Trendpilot US Large Cap ETF by 50.9% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 50,229 shares of the company’s stock valued at $2,397,000 after acquiring an additional 16,945 shares in the last quarter. Independent Wealth Network Inc. boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 4.4% during the 1st quarter. Independent Wealth Network Inc. now owns 7,454 shares of the company’s stock valued at $356,000 after acquiring an additional 316 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 796.2% during the first quarter. Cetera Investment Advisers now owns 981,214 shares of the company’s stock worth $46,824,000 after purchasing an additional 871,732 shares in the last quarter. Finally, Cetera Advisors LLC increased its position in shares of Pacer Trendpilot US Large Cap ETF by 5.4% in the first quarter. Cetera Advisors LLC now owns 322,944 shares of the company’s stock worth $15,411,000 after purchasing an additional 16,530 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of PTLC opened at $54.54 on Friday. The stock has a market capitalization of $3.13 billion, a P/E ratio of 26.16 and a beta of 0.98. The company has a fifty day moving average of $53.05 and a 200 day moving average of $50.82.

Pacer Trendpilot US Large Cap ETF Company 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.