Stifel Financial Corp Raises Stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Stifel Financial Corp raised its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 10.3% during the third quarter, Holdings Channel reports. The fund owned 325,563 shares of the company’s stock after buying an additional 30,505 shares during the period. Stifel Financial Corp’s holdings in Pacer Trendpilot US Large Cap ETF were worth $17,108,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. ORG Partners LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF during the 2nd quarter valued at about $6,347,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of 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 period. PFG Advisors grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 5.8% in the third quarter. PFG Advisors now owns 201,245 shares of the company’s stock worth $10,575,000 after purchasing an additional 11,111 shares during the last quarter. Brookstone Capital Management grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 65.4% in the second quarter. Brookstone Capital Management now owns 16,818 shares of the company’s stock worth $857,000 after purchasing an additional 6,651 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 42.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,240 shares of the company’s stock worth $808,000 after buying an additional 4,871 shares during the period.

Pacer Trendpilot US Large Cap ETF Stock Down 0.6 %

Shares of PTLC opened at $55.35 on Tuesday. The stock has a market cap of $3.17 billion, a PE ratio of 26.16 and a beta of 0.98. The firm’s fifty day moving average price is $53.75 and its two-hundred day moving average price is $51.40.

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.