PFG Advisors Raises Stock Holdings in Pacer Trendpilot US Large Cap ETF $PTLC

PFG Advisors raised its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 73.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 111,249 shares of the company’s stock after buying an additional 47,099 shares during the quarter. PFG Advisors’ holdings in Pacer Trendpilot US Large Cap ETF were worth $6,092,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in PTLC. ORG Wealth Partners LLC purchased a new position in shares of Pacer Trendpilot US Large Cap ETF in the 3rd quarter worth approximately $35,000. Wolff Wiese Magana LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter worth approximately $40,000. First Horizon Corp purchased a new stake in Pacer Trendpilot US Large Cap ETF during the third quarter valued at approximately $173,000. Bryant Woods Investment Advisors LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF during the third quarter valued at approximately $204,000. Finally, XML Financial LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF in the third quarter valued at approximately $211,000.

Pacer Trendpilot US Large Cap ETF Price Performance

Pacer Trendpilot US Large Cap ETF stock opened at $54.77 on Monday. Pacer Trendpilot US Large Cap ETF has a 1-year low of $47.13 and a 1-year high of $56.97. The business has a fifty day moving average price of $56.07 and a 200-day moving average price of $55.35. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

Pacer Trendpilot US Large Cap ETF 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.