Kestra Advisory Services LLC Trims Position in Pacer Trendpilot US Large Cap ETF $PTLC

Kestra Advisory Services LLC lessened its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 8.6% in the first quarter, Holdings Channel.com reports. The fund owned 325,878 shares of the company’s stock after selling 30,477 shares during the period. Kestra Advisory Services LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $17,096,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Burkett Financial Services LLC bought a new stake in Pacer Trendpilot US Large Cap ETF in the third quarter valued at $41,000. Ancora Advisors LLC bought a new position in Pacer Trendpilot US Large Cap ETF in the 3rd quarter worth $57,000. Sankala Group LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter worth about $77,000. Realta Investment Advisors lifted its position in shares of Pacer Trendpilot US Large Cap ETF by 179.9% in the 1st quarter. Realta Investment Advisors now owns 1,528 shares of the company’s stock worth $80,000 after purchasing an additional 982 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter worth about $136,000.

Pacer Trendpilot US Large Cap ETF Stock Up 0.5%

Shares of PTLC traded up $0.29 during trading hours on Friday, reaching $58.89. 80,117 shares of the company traded hands, compared to its average volume of 133,851. Pacer Trendpilot US Large Cap ETF has a 12 month low of $50.75 and a 12 month high of $59.15. The company’s fifty day moving average price is $57.86 and its two-hundred day moving average price is $56.17. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

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.