Freedom Investment Management Inc. Grows Position in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Freedom Investment Management Inc. lifted its position in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 29.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,039 shares of the company’s stock after purchasing an additional 3,682 shares during the quarter. Freedom Investment Management Inc. owned 0.14% of Pacer Trendpilot US Mid Cap ETF worth $595,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in PTMC. International Assets Investment Management LLC purchased a new position in Pacer Trendpilot US Mid Cap ETF during the second quarter worth approximately $60,000. Strategic Financial Partners Ltd. raised its stake in shares of Pacer Trendpilot US Mid Cap ETF by 5.5% during the 2nd quarter. Strategic Financial Partners Ltd. now owns 10,131 shares of the company’s stock worth $353,000 after buying an additional 525 shares during the period. Concurrent Investment Advisors LLC purchased a new position in shares of Pacer Trendpilot US Mid Cap ETF during the 2nd quarter valued at approximately $418,000. Wealth Enhancement Advisory Services LLC grew its stake in Pacer Trendpilot US Mid Cap ETF by 23.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,960 shares of the company’s stock valued at $451,000 after acquiring an additional 2,500 shares during the period. Finally, Private Advisor Group LLC increased its holdings in Pacer Trendpilot US Mid Cap ETF by 2.8% in the 2nd quarter. Private Advisor Group LLC now owns 15,873 shares of the company’s stock worth $552,000 after acquiring an additional 425 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Stock Performance

BATS:PTMC opened at $40.12 on Friday. The stock has a market capitalization of $455.36 million, a PE ratio of 15.45 and a beta of 0.79. Pacer Trendpilot US Mid Cap ETF has a fifty-two week low of $27.10 and a fifty-two week high of $32.86. The company has a fifty day moving average of $37.90 and a two-hundred day moving average of $36.30.

Pacer Trendpilot US Mid Cap ETF Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.