Envestnet Portfolio Solutions Inc. Buys 2,733 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Envestnet Portfolio Solutions Inc. increased its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 10.9% during the fourth quarter, HoldingsChannel reports. The firm owned 27,888 shares of the company’s stock after acquiring an additional 2,733 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,490,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. HMV Wealth Advisors LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the fourth quarter worth $294,000. Commonwealth Equity Services LLC grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 6.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,346,070 shares of the company’s stock worth $71,934,000 after acquiring an additional 82,874 shares during the period. Avantax Advisory Services Inc. increased its holdings in Pacer Trendpilot US Large Cap ETF by 10.7% in the 4th quarter. Avantax Advisory Services Inc. now owns 322,865 shares of the company’s stock worth $17,254,000 after acquiring an additional 31,320 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $150,000. Finally, PFG Advisors lifted its holdings in Pacer Trendpilot US Large Cap ETF by 2.9% during the fourth quarter. PFG Advisors now owns 207,067 shares of the company’s stock valued at $11,066,000 after purchasing an additional 5,822 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Down 2.8 %

Shares of BATS:PTLC opened at $51.63 on Friday. The firm has a market capitalization of $3.34 billion, a PE ratio of 25.52 and a beta of 0.57. The company has a 50-day moving average price of $53.85 and a two-hundred day moving average price of $53.56. Pacer Trendpilot US Large Cap ETF has a twelve month low of $45.07 and a twelve month high of $55.90.

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.