Cambridge Trust Co. purchased a new position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,340 shares of the company’s stock, valued at approximately $112,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PTLC. EverSource Wealth Advisors LLC lifted its position in Pacer Trendpilot US Large Cap ETF by 873.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,229 shares of the company’s stock valued at $96,000 after buying an additional 2,000 shares during the period. Fifth Third Bancorp purchased a new position in Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at $109,000. PSI Advisors LLC lifted its position in Pacer Trendpilot US Large Cap ETF by 23.4% during the fourth quarter. PSI Advisors LLC now owns 2,924 shares of the company’s stock valued at $127,000 after buying an additional 555 shares during the period. Avalon Trust Co purchased a new position in Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at $188,000. Finally, SWS Partners purchased a new position in Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at $215,000.
Pacer Trendpilot US Large Cap ETF Stock Performance
Pacer Trendpilot US Large Cap ETF stock traded down $0.96 on Friday, hitting $48.70. 185,539 shares of the stock traded hands. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98. The firm has a 50-day moving average of $49.71 and a two-hundred day moving average of $47.50.
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.
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