Meridian Investment Counsel Inc. purchased a new stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 13,200 shares of the company’s stock, valued at approximately $705,000.
A number of other hedge funds have also recently bought and sold shares of PTLC. Private Trust Co. NA grew its holdings in Pacer Trendpilot US Large Cap ETF by 1.8% during the fourth quarter. Private Trust Co. NA now owns 22,810 shares of the company’s stock worth $1,219,000 after purchasing an additional 400 shares during the period. Assetmark Inc. boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 77.3% during the 4th quarter. Assetmark Inc. now owns 1,138 shares of the company’s stock worth $61,000 after acquiring an additional 496 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 5.1% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 10,389 shares of the company’s stock worth $555,000 after acquiring an additional 500 shares during the last quarter. Gimbal Financial raised its stake in Pacer Trendpilot US Large Cap ETF by 0.8% in the 4th quarter. Gimbal Financial now owns 70,027 shares of the company’s stock valued at $3,742,000 after acquiring an additional 556 shares during the period. Finally, IFP Advisors Inc lifted its holdings in Pacer Trendpilot US Large Cap ETF by 23.9% during the 4th quarter. IFP Advisors Inc now owns 3,214 shares of the company’s stock valued at $172,000 after purchasing an additional 620 shares during the last quarter.
Pacer Trendpilot US Large Cap ETF Stock Down 3.5 %
Pacer Trendpilot US Large Cap ETF stock opened at $51.23 on Monday. Pacer Trendpilot US Large Cap ETF has a twelve month low of $45.07 and a twelve month high of $55.90. The company’s 50-day moving average price is $53.68 and its two-hundred day moving average price is $53.67. The stock has a market cap of $3.38 billion, a P/E ratio of 25.17 and a beta of 0.57.
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.
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