Cetera Advisor Networks LLC Purchases 132,643 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Cetera Advisor Networks LLC boosted its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 32.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 546,647 shares of the company’s stock after buying an additional 132,643 shares during the period. Cetera Advisor Networks LLC owned approximately 0.95% of Pacer Trendpilot US Large Cap ETF worth $26,086,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. StoneX Group Inc. increased its holdings in Pacer Trendpilot US Large Cap ETF by 1.2% during the 1st quarter. StoneX Group Inc. now owns 19,474 shares of the company’s stock worth $929,000 after purchasing an additional 238 shares in the last quarter. Brookstone Capital Management increased its holdings in Pacer Trendpilot US Large Cap ETF by 3.2% during the 1st quarter. Brookstone Capital Management now owns 10,167 shares of the company’s stock worth $485,000 after purchasing an additional 313 shares in the last quarter. Independent Wealth Network Inc. increased its holdings in Pacer Trendpilot US Large Cap ETF by 4.4% during the 1st quarter. Independent Wealth Network Inc. now owns 7,454 shares of the company’s stock worth $356,000 after purchasing an additional 316 shares in the last quarter. Clarus Group Inc. increased its holdings in Pacer Trendpilot US Large Cap ETF by 0.7% during the 1st quarter. Clarus Group Inc. now owns 51,982 shares of the company’s stock worth $2,481,000 after purchasing an additional 374 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 0.6% in the first quarter. Whitaker Myers Wealth Managers LTD. now owns 73,466 shares of the company’s stock valued at $3,506,000 after acquiring an additional 453 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Down 1.9 %

Shares of PTLC stock traded down $0.96 during trading on Friday, hitting $48.70. The company’s stock had a trading volume of 185,539 shares. The company has a market cap of $2.79 billion, a P/E ratio of 26.16 and a beta of 0.98. The business’s 50 day moving average is $49.71 and its two-hundred day moving average is $47.47.

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.