Pacer Trendpilot US Large Cap ETF $PTLC Stock Holdings Trimmed by NewEdge Advisors LLC

NewEdge Advisors LLC lowered its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 30.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 274,104 shares of the company’s stock after selling 119,971 shares during the quarter. NewEdge Advisors LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $14,379,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. AlphaCore Capital LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at approximately $8,275,000. Crux Wealth Advisors acquired a new stake in Pacer Trendpilot US Large Cap ETF in the fourth quarter worth approximately $2,143,000. XY Planning Network Inc. boosted its stake in Pacer Trendpilot US Large Cap ETF by 107.8% during the 4th quarter. XY Planning Network Inc. now owns 30,909 shares of the company’s stock valued at $1,718,000 after purchasing an additional 16,032 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in Pacer Trendpilot US Large Cap ETF by 100.9% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 20,122 shares of the company’s stock valued at $1,056,000 after purchasing an additional 10,105 shares in the last quarter. Finally, Prospera Financial Services Inc increased its position in shares of Pacer Trendpilot US Large Cap ETF by 26.1% during the 4th quarter. Prospera Financial Services Inc now owns 50,904 shares of the company’s stock valued at $2,830,000 after purchasing an additional 10,534 shares during the period.

Pacer Trendpilot US Large Cap ETF Stock Performance

PTLC opened at $56.91 on Thursday. Pacer Trendpilot US Large Cap ETF has a one year low of $50.84 and a one year high of $59.15. The stock’s fifty day moving average is $58.06 and its 200-day moving average is $56.32. The company has a market capitalization of $3.72 billion, a PE ratio of 25.78 and a beta of 0.60.

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.