Private Advisor Group LLC Reduces Stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Private Advisor Group LLC decreased its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 2.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 123,714 shares of the company’s stock after selling 3,142 shares during the quarter. Private Advisor Group LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $5,353,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ferguson Shapiro LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth $30,952,000. International Assets Investment Management LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $19,042,000. Tyche Wealth Partners LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $10,124,000. Atria Investments Inc purchased a new position in Pacer Trendpilot US Large Cap ETF during the 3rd quarter worth approximately $5,903,000. Finally, Camarda Financial Advisors LLC acquired a new position in Pacer Trendpilot US Large Cap ETF during the third quarter worth approximately $5,383,000.

Pacer Trendpilot US Large Cap ETF Price Performance

PTLC stock opened at $47.18 on Thursday. The firm has a market capitalization of $2.69 billion, a P/E ratio of 25.12 and a beta of 0.98. The company has a fifty day moving average price of $46.74 and a 200 day moving average price of $44.23.

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.