Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC grew its stake in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 2.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 81,028 shares of the company’s stock after purchasing an additional 2,286 shares during the period. MML Investors Services LLC’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $2,989,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Gimbal Financial acquired a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the 4th quarter valued at about $204,000. Stratos Wealth Partners LTD. raised its stake in Pacer Trendpilot US Mid Cap ETF by 4.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 6,670 shares of the company’s stock worth $246,000 after acquiring an additional 274 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Pacer Trendpilot US Mid Cap ETF by 18.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 7,150 shares of the company’s stock worth $264,000 after acquiring an additional 1,129 shares during the last quarter. Jane Street Group LLC acquired a new position in Pacer Trendpilot US Mid Cap ETF in the third quarter valued at approximately $295,000. Finally, MONECO Advisors LLC grew its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 6.0% during the fourth quarter. MONECO Advisors LLC now owns 15,198 shares of the company’s stock valued at $561,000 after purchasing an additional 860 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Trading Down 7.3 %

Shares of BATS PTMC opened at $34.66 on Monday. Pacer Trendpilot US Mid Cap ETF has a 12-month low of $33.39 and a 12-month high of $40.66. The company has a market cap of $408.99 million, a price-to-earnings ratio of 18.38 and a beta of 0.51. The stock’s 50 day simple moving average is $35.06 and its 200 day simple moving average is $37.11.

About Pacer Trendpilot US Mid Cap ETF

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.