DAVENPORT & Co LLC Purchases 67,235 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

DAVENPORT & Co LLC boosted its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 27.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 309,153 shares of the company’s stock after buying an additional 67,235 shares during the quarter. DAVENPORT & Co LLC owned approximately 0.54% of Pacer Trendpilot US Large Cap ETF worth $16,525,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of PTLC. Bank of Montreal Can lifted its holdings in Pacer Trendpilot US Large Cap ETF by 65.7% during the 2nd quarter. Bank of Montreal Can now owns 14,603 shares of the company’s stock valued at $729,000 after purchasing an additional 5,792 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter worth about $479,000. Centaurus Financial Inc. acquired a new position in Pacer Trendpilot US Large Cap ETF in the 2nd quarter valued at about $111,000. Brookstone Capital Management raised its holdings in Pacer Trendpilot US Large Cap ETF by 7.2% in the 3rd quarter. Brookstone Capital Management now owns 18,034 shares of the company’s stock valued at $948,000 after acquiring an additional 1,216 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Pacer Trendpilot US Large Cap ETF during the third quarter worth approximately $2,276,000.

Pacer Trendpilot US Large Cap ETF Stock Up 3.4 %

PTLC opened at $54.89 on Monday. The stock’s fifty day moving average price is $54.66 and its two-hundred day moving average price is $52.74. The firm has a market capitalization of $3.15 billion, a P/E ratio of 26.16 and a beta of 0.98.

About Pacer Trendpilot US Large Cap ETF

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.