Financial Advocates Investment Management raised its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC – Free Report) by 4.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 108,716 shares of the company’s stock after acquiring an additional 4,436 shares during the period. Financial Advocates Investment Management’s holdings in Pacer Trendpilot US Large Cap ETF were worth $5,618,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. ORG Partners LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the second quarter valued at about $6,347,000. Cetera Advisor Networks LLC increased its position in shares of Pacer Trendpilot US Large Cap ETF by 32.0% during the first quarter. Cetera Advisor Networks LLC now owns 546,647 shares of the company’s stock valued at $26,086,000 after acquiring an additional 132,643 shares during the last quarter. Gimbal Financial increased its position in shares of Pacer Trendpilot US Large Cap ETF by 10.3% during the second quarter. Gimbal Financial now owns 64,258 shares of the company’s stock valued at $3,269,000 after acquiring an additional 6,025 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position 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 acquiring an additional 13,275 shares during the last quarter. Finally, PFG Advisors increased its position in shares of Pacer Trendpilot US Large Cap ETF by 5.8% during the third quarter. PFG Advisors now owns 201,245 shares of the company’s stock valued at $10,575,000 after acquiring an additional 11,111 shares during the last quarter.
Pacer Trendpilot US Large Cap ETF Stock Down 0.3 %
Shares of PTLC stock opened at $53.10 on Thursday. The firm has a market capitalization of $3.04 billion, a PE ratio of 26.16 and a beta of 0.98. The company has a fifty day simple moving average of $51.96 and a 200 day simple moving average of $49.87.
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.
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