Steward Partners Investment Advisory LLC Sells 4,142 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Steward Partners Investment Advisory LLC trimmed its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 147,552 shares of the company’s stock after selling 4,142 shares during the period. Steward Partners Investment Advisory LLC owned 0.26% of Pacer Trendpilot US Large Cap ETF worth $7,885,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PTLC. Park Avenue Securities LLC increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 16.2% during the 4th quarter. Park Avenue Securities LLC now owns 5,391 shares of the company’s stock worth $288,000 after purchasing an additional 750 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in Pacer Trendpilot US Large Cap ETF during the third quarter worth about $2,514,000. Assetmark Inc. increased its position in Pacer Trendpilot US Large Cap ETF by 1,326.7% during the third quarter. Assetmark Inc. now owns 642 shares of the company’s stock worth $34,000 after buying an additional 597 shares during the last quarter. HighTower Advisors LLC raised its stake in Pacer Trendpilot US Large Cap ETF by 9.8% in the third quarter. HighTower Advisors LLC now owns 171,332 shares of the company’s stock valued at $8,987,000 after buying an additional 15,236 shares during the period. Finally, Empowered Funds LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at approximately $96,000.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of BATS PTLC opened at $53.18 on Thursday. The company has a market cap of $3.42 billion, a P/E ratio of 27.36 and a beta of 0.59. The business’s 50 day simple moving average is $54.52 and its 200 day simple moving average is $53.57.

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.