SRS Capital Advisors Inc. Makes New $902,000 Investment in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

SRS Capital Advisors Inc. bought a new stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,883 shares of the company’s stock, valued at approximately $902,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Brookstone Capital Management increased its holdings in Pacer Trendpilot US Large Cap ETF by 1,176.6% in the 4th quarter. Brookstone Capital Management now owns 230,222 shares of the company’s stock valued at $12,303,000 after purchasing an additional 212,188 shares in the last quarter. LPL Financial LLC grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 6.8% in the third quarter. LPL Financial LLC now owns 3,237,972 shares of the company’s stock valued at $170,155,000 after buying an additional 204,965 shares in the last quarter. Ferguson Shapiro LLC raised its holdings in shares of Pacer Trendpilot US Large Cap ETF by 12.9% during the 4th quarter. Ferguson Shapiro LLC now owns 1,317,921 shares of the company’s stock valued at $70,430,000 after buying an additional 150,684 shares during the period. Prospera Private Wealth LLC purchased a new position in Pacer Trendpilot US Large Cap ETF in the 3rd quarter worth approximately $7,769,000. Finally, D.A. Davidson & CO. grew its position in Pacer Trendpilot US Large Cap ETF by 423.1% in the fourth quarter. D.A. Davidson & CO. now owns 117,961 shares of the company’s stock valued at $6,304,000 after acquiring an additional 95,410 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Price Performance

PTLC opened at $54.17 on Monday. The firm’s 50-day moving average price is $54.58 and its 200 day moving average price is $53.53. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 27.36 and a beta of 0.59.

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.