Sovereign Financial Group Inc. Raises Stock Holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Sovereign Financial Group Inc. boosted its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 58.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,092 shares of the company’s stock after buying an additional 4,443 shares during the period. Sovereign Financial Group Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $523,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kestra Private Wealth Services LLC increased its stake in Pacer Trendpilot US Large Cap ETF by 1.1% during the third quarter. Kestra Private Wealth Services LLC now owns 24,161 shares of the company’s stock worth $965,000 after purchasing an additional 265 shares during the period. Oppenheimer & Co. Inc. increased its stake in Pacer Trendpilot US Large Cap ETF by 1.5% during the third quarter. Oppenheimer & Co. Inc. now owns 28,660 shares of the company’s stock worth $1,145,000 after purchasing an additional 425 shares during the period. Imprint Wealth LLC increased its stake in Pacer Trendpilot US Large Cap ETF by 4.2% during the fourth quarter. Imprint Wealth LLC now owns 13,363 shares of the company’s stock worth $585,000 after purchasing an additional 537 shares during the period. PSI Advisors LLC increased its stake in Pacer Trendpilot US Large Cap ETF by 23.4% during the fourth quarter. PSI Advisors LLC now owns 2,924 shares of the company’s stock worth $127,000 after purchasing an additional 555 shares during the period. Finally, Silverlake Wealth Management LLC increased its stake in Pacer Trendpilot US Large Cap ETF by 6.5% during the fourth quarter. Silverlake Wealth Management LLC now owns 10,178 shares of the company’s stock worth $440,000 after purchasing an additional 624 shares during the period.

Pacer Trendpilot US Large Cap ETF Stock Up 0.2 %

BATS:PTLC traded up $0.08 on Tuesday, reaching $47.21. 97,859 shares of the company’s stock were exchanged. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of 25.12 and a beta of 0.98. The business has a 50-day simple moving average of $46.70 and a two-hundred day simple moving average of $44.15.

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.