Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Reaches New 12-Month High – Here’s What Happened

Pacer Trendpilot US Large Cap ETF (BATS:PTLC) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $56.56 and last traded at $55.8340, with a volume of 113986 shares traded. The stock had previously closed at $56.24.

Pacer Trendpilot US Large Cap ETF Trading Down 0.7%

The firm’s fifty day moving average price is $55.48 and its 200-day moving average price is $53.21. The company has a market cap of $3.65 billion, a P/E ratio of 25.78 and a beta of 0.60.

Hedge Funds Weigh In On Pacer Trendpilot US Large Cap ETF

Several large investors have recently added to or reduced their stakes in PTLC. SJS Investment Consulting Inc. bought a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 2nd quarter worth approximately $30,000. ORG Wealth Partners LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the third quarter valued at $35,000. Wolff Wiese Magana LLC bought a new position in Pacer Trendpilot US Large Cap ETF in the third quarter worth $40,000. Burkett Financial Services LLC bought a new position in Pacer Trendpilot US Large Cap ETF in the third quarter worth $41,000. Finally, Ancora Advisors LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF during the third quarter worth $57,000.

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.