Retirement Planning Group LLC Takes $2.21 Million Position in Pacer Trendpilot Fund of Funds ETF $TRND

Retirement Planning Group LLC purchased a new stake in Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 66,767 shares of the company’s stock, valued at approximately $2,206,000. Retirement Planning Group LLC owned approximately 4.17% of Pacer Trendpilot Fund of Funds ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its position in Pacer Trendpilot Fund of Funds ETF by 9.3% in the fourth quarter. Cetera Investment Advisers now owns 41,211 shares of the company’s stock worth $1,387,000 after acquiring an additional 3,506 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of Pacer Trendpilot Fund of Funds ETF during the 4th quarter valued at $183,000. Wells Fargo & Company MN bought a new position in shares of Pacer Trendpilot Fund of Funds ETF during the 4th quarter valued at $84,000. Gaddis Premier Wealth Advisors LLC acquired a new stake in shares of Pacer Trendpilot Fund of Funds ETF in the 4th quarter valued at $654,000. Finally, Prospera Financial Services Inc lifted its stake in shares of Pacer Trendpilot Fund of Funds ETF by 100.0% in the 4th quarter. Prospera Financial Services Inc now owns 19,397 shares of the company’s stock valued at $653,000 after purchasing an additional 9,700 shares during the last quarter.

Pacer Trendpilot Fund of Funds ETF Trading Down 1.1%

Shares of NYSEARCA:TRND opened at $36.52 on Tuesday. The stock has a market capitalization of $62.08 million, a PE ratio of 15.57 and a beta of 0.52. Pacer Trendpilot Fund of Funds ETF has a 1 year low of $30.59 and a 1 year high of $38.00. The firm has a fifty day moving average price of $36.58 and a 200 day moving average price of $35.11.

Pacer Trendpilot Fund of Funds ETF Profile

The Pacer Trendpilot Fund of Funds ETF (TRND) is an exchange-traded fund that is based on the Pacer Trendpilot Fund of Funds index. TRND, a fund of funds, provides exposure to large- and mid-cap companies in developed markets including the US. Its underlying funds use momentum to toggle to cash at 50% or 100%. TRND was launched on May 3, 2019 and is managed by Pacer.