PNC Financial Services Group Inc. Sells 1,110 Shares of Pacer Trendpilot US Large Cap ETF $PTLC

PNC Financial Services Group Inc. cut its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 5.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,058 shares of the company’s stock after selling 1,110 shares during the period. PNC Financial Services Group Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $967,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. SJS Investment Consulting Inc. purchased a new position in Pacer Trendpilot US Large Cap ETF in the second quarter worth $30,000. CWM LLC raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 56.3% during the 2nd quarter. CWM LLC now owns 1,857 shares of the company’s stock worth $94,000 after purchasing an additional 669 shares during the period. Assetmark Inc. raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 128.8% during the 1st quarter. Assetmark Inc. now owns 2,604 shares of the company’s stock worth $134,000 after purchasing an additional 1,466 shares during the period. SouthState Corp purchased a new position in shares of Pacer Trendpilot US Large Cap ETF in the 1st quarter worth about $140,000. Finally, Nova Wealth Management Inc. grew its position in Pacer Trendpilot US Large Cap ETF by 205.3% during the first quarter. Nova Wealth Management Inc. now owns 4,076 shares of the company’s stock valued at $210,000 after buying an additional 2,741 shares during the period.

Pacer Trendpilot US Large Cap ETF Stock Performance

BATS PTLC opened at $54.11 on Friday. The company has a market capitalization of $3.54 billion, a PE ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 52-week low of $46.51 and a 52-week high of $55.90. The company has a 50-day simple moving average of $55.01 and a 200 day simple moving average of $52.25.

Pacer Trendpilot US Large Cap ETF Company 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.