Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Reaches New 1-Year High – Here’s What Happened

Pacer Trendpilot US Large Cap ETF (BATS:PTLC) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $58.35 and last traded at $58.34, with a volume of 4876 shares traded. The stock had previously closed at $57.76.

Pacer Trendpilot US Large Cap ETF Stock Up 0.5%

The firm has a market cap of $3.82 billion, a P/E ratio of 25.78 and a beta of 0.60. The firm has a fifty day moving average of $55.00 and a 200-day moving average of $55.58.

Institutional Trading of Pacer Trendpilot US Large Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sfmg LLC raised its holdings in Pacer Trendpilot US Large Cap ETF by 2.5% during the fourth quarter. Sfmg LLC now owns 2,412,945 shares of the company’s stock worth $134,111,000 after acquiring an additional 59,409 shares in the last quarter. CFS Investment Advisory Services LLC raised its holdings in Pacer Trendpilot US Large Cap ETF by 1.3% during the third quarter. CFS Investment Advisory Services LLC now owns 2,071,644 shares of the company’s stock worth $115,287,000 after acquiring an additional 27,592 shares in the last quarter. Cetera Investment Advisers raised its holdings in Pacer Trendpilot US Large Cap ETF by 1.5% during the fourth quarter. Cetera Investment Advisers now owns 1,453,069 shares of the company’s stock worth $80,762,000 after acquiring an additional 20,899 shares in the last quarter. Stifel Financial Corp raised its holdings in Pacer Trendpilot US Large Cap ETF by 11.1% during the fourth quarter. Stifel Financial Corp now owns 465,838 shares of the company’s stock worth $25,891,000 after acquiring an additional 46,383 shares in the last quarter. Finally, Merit Financial Group LLC raised its holdings in Pacer Trendpilot US Large Cap ETF by 5,560.7% during the fourth quarter. Merit Financial Group LLC now owns 439,212 shares of the company’s stock worth $24,411,000 after acquiring an additional 431,453 shares in the last quarter.

About Pacer Trendpilot US Large Cap ETF

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.