Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) Short Interest Update

Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 3,909 shares, a decline of 50.4% from the May 31st total of 7,885 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 19,161 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Pacer Trendpilot US Mid Cap ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Empirical Finance LLC lifted its position in Pacer Trendpilot US Mid Cap ETF by 496.6% during the 4th quarter. Empirical Finance LLC now owns 288,842 shares of the company’s stock worth $10,303,000 after buying an additional 240,431 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Pacer Trendpilot US Mid Cap ETF by 93.6% during the 2nd quarter. NewEdge Advisors LLC now owns 256,104 shares of the company’s stock worth $8,933,000 after acquiring an additional 123,836 shares during the last quarter. Susquehanna International Group LLP increased its position in Pacer Trendpilot US Mid Cap ETF by 260.2% in the 3rd quarter. Susquehanna International Group LLP now owns 45,239 shares of the company’s stock valued at $1,620,000 after acquiring an additional 32,681 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Pacer Trendpilot US Mid Cap ETF by 39.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 67,594 shares of the company’s stock valued at $2,358,000 after acquiring an additional 19,196 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Pacer Trendpilot US Mid Cap ETF by 9.8% in the first quarter. Royal Bank of Canada now owns 167,570 shares of the company’s stock worth $6,128,000 after acquiring an additional 15,006 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Price Performance

BATS PTMC opened at $41.83 on Wednesday. The stock’s 50 day simple moving average is $40.20 and its 200 day simple moving average is $38.42. Pacer Trendpilot US Mid Cap ETF has a one year low of $33.60 and a one year high of $41.87. The firm has a market cap of $524.97 million, a PE ratio of 17.49 and a beta of 0.55.

Pacer Trendpilot US Mid Cap ETF Company Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.