Financial Enhancement Group LLC Has $10.42 Million Stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Financial Enhancement Group LLC decreased its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 3.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 223,569 shares of the company’s stock after selling 8,536 shares during the period. Pacer Trendpilot US Large Cap ETF accounts for about 1.7% of Financial Enhancement Group LLC’s portfolio, making the stock its 17th largest holding. Financial Enhancement Group LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $10,418,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its position in Pacer Trendpilot US Large Cap ETF by 873.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,229 shares of the company’s stock worth $96,000 after buying an additional 2,000 shares in the last quarter. Fifth Third Bancorp acquired a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter worth approximately $109,000. PSI Advisors LLC grew its position 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 buying an additional 555 shares in the last quarter. Westside Investment Management Inc. acquired a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter worth approximately $173,000. Finally, Avalon Trust Co acquired a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter worth approximately $188,000.

Pacer Trendpilot US Large Cap ETF Price Performance

BATS:PTLC traded up $0.09 during trading hours on Wednesday, reaching $49.93. 103,611 shares of the company were exchanged. The firm has a market capitalization of $2.86 billion, a P/E ratio of 26.16 and a beta of 0.98. The firm has a fifty day moving average of $47.93 and a 200 day moving average of $46.17.

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.