Avalon Trust Co Takes $188,000 Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Avalon Trust Co acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 4,339 shares of the company’s stock, valued at approximately $188,000.

A number of other large investors also recently bought and sold shares of PTLC. Stratos Wealth Partners LTD. increased its position in Pacer Trendpilot US Large Cap ETF by 147.2% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 36,679 shares of the company’s stock valued at $1,466,000 after buying an additional 21,839 shares in the last quarter. DecisionPoint Financial LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the third quarter valued at about $34,000. Beam Wealth Advisors Inc. boosted its stake in Pacer Trendpilot US Large Cap ETF by 342.8% in the 3rd quarter. Beam Wealth Advisors Inc. now owns 29,028 shares of the company’s stock worth $1,160,000 after purchasing an additional 22,472 shares in the last quarter. Inspire Advisors LLC increased its stake in Pacer Trendpilot US Large Cap ETF by 15.5% during the 3rd quarter. Inspire Advisors LLC now owns 38,429 shares of the company’s stock valued at $1,536,000 after purchasing an additional 5,148 shares in the last quarter. Finally, Lunt Capital Management Inc. raised its holdings in shares of Pacer Trendpilot US Large Cap ETF by 8.4% in the third quarter. Lunt Capital Management Inc. now owns 27,545 shares of the company’s stock worth $1,101,000 after buying an additional 2,131 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Up 1.3 %

Shares of PTLC traded up $0.59 during trading hours on Friday, reaching $46.65. 101,360 shares of the company traded hands. The stock has a 50-day simple moving average of $46.67 and a two-hundred day simple moving average of $44.05. The company has a market capitalization of $2.66 billion, a PE ratio of 25.12 and a beta of 0.98.

Pacer Trendpilot US Large Cap ETF 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.