Pacer Advisors Inc. Reduces Stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Pacer Advisors Inc. reduced its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 3.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 198,732 shares of the company’s stock after selling 6,200 shares during the period. Pacer Advisors Inc. owned about 0.35% of Pacer Trendpilot US Large Cap ETF worth $10,443,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. LPL Financial LLC raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 6.8% in the third quarter. LPL Financial LLC now owns 3,237,972 shares of the company’s stock valued at $170,155,000 after buying an additional 204,965 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in Pacer Trendpilot US Large Cap ETF by 0.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,533,550 shares of the company’s stock valued at $76,309,000 after purchasing an additional 13,275 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Pacer Trendpilot US Large Cap ETF by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 1,263,196 shares of the company’s stock valued at $66,381,000 after purchasing an additional 16,057 shares during the last quarter. Ferguson Shapiro LLC increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 105.3% in the third quarter. Ferguson Shapiro LLC now owns 1,167,237 shares of the company’s stock worth $61,338,000 after purchasing an additional 598,695 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 9.4% in the second quarter. Cetera Investment Advisers now owns 1,073,209 shares of the company’s stock worth $53,403,000 after purchasing an additional 91,995 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Up 0.3 %

Shares of PTLC stock opened at $54.54 on Friday. The company’s 50 day simple moving average is $53.05 and its 200 day simple moving average is $50.82. The stock has a market cap of $3.13 billion, a PE ratio of 26.16 and a beta of 0.98.

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.