Soltis Investment Advisors LLC Increases Stock Holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Soltis Investment Advisors LLC lifted its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 17.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 40,802 shares of the company’s stock after buying an additional 6,011 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Fifth Third Bancorp purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at approximately $109,000. DAVENPORT & Co LLC boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 283.0% during the 4th quarter. DAVENPORT & Co LLC now owns 166,386 shares of the company’s stock worth $7,202,000 after purchasing an additional 122,946 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 8.1% in the 4th quarter. Private Trust Co. NA now owns 21,406 shares of the company’s stock valued at $926,000 after purchasing an additional 1,596 shares in the last quarter. Tempus Wealth Planning LLC lifted its stake in shares of Pacer Trendpilot US Large Cap ETF by 11.4% in the fourth quarter. Tempus Wealth Planning LLC now owns 9,786 shares of the company’s stock valued at $423,000 after purchasing an additional 1,000 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter worth about $19,042,000.

Pacer Trendpilot US Large Cap ETF Trading Down 1.9 %

Shares of PTLC stock traded down $0.96 during midday trading on Friday, reaching $48.70. 185,539 shares of the company traded hands. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98. The business’s fifty day moving average price is $49.71 and its 200 day moving average price is $47.47.

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.