ORG Partners LLC Reduces Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

ORG Partners LLC lessened its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 1.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 117,278 shares of the company’s stock after selling 2,325 shares during the quarter. Pacer Trendpilot US Large Cap ETF comprises approximately 1.5% of ORG Partners LLC’s portfolio, making the stock its 11th biggest holding. ORG Partners LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $6,041,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of PTLC. Empowered Funds LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth $96,000. Principal Securities Inc. purchased a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth about $36,000. Strategic Financial Concepts LLC bought a new position in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth about $629,000. D.A. Davidson & CO. grew its holdings in Pacer Trendpilot US Large Cap ETF by 423.1% during the 4th quarter. D.A. Davidson & CO. now owns 117,961 shares of the company’s stock valued at $6,304,000 after buying an additional 95,410 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in Pacer Trendpilot US Large Cap ETF by 7.5% during the 4th quarter. Private Advisor Group LLC now owns 156,814 shares of the company’s stock valued at $8,380,000 after buying an additional 10,986 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Down 7.9%

Shares of PTLC opened at $48.90 on Friday. Pacer Trendpilot US Large Cap ETF has a twelve month low of $46.51 and a twelve month high of $55.90. The stock has a market cap of $3.22 billion, a PE ratio of 24.80 and a beta of 0.59. The business’s 50-day moving average price is $48.63 and its 200-day moving average price is $51.84.

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.