Holland Advisory Services Inc. Takes Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Holland Advisory Services Inc. bought a new position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 41,834 shares of the company’s stock, valued at approximately $2,082,000. Pacer Trendpilot US Large Cap ETF comprises 2.6% of Holland Advisory Services Inc.’s portfolio, making the stock its 6th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PTLC. International Assets Investment Management LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at $440,000. Imprint Wealth LLC increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 4.2% during the 4th quarter. Imprint Wealth LLC now owns 13,363 shares of the company’s stock valued at $585,000 after acquiring an additional 537 shares during the last quarter. Tyche Wealth Partners LLC purchased a new position in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter worth about $10,124,000. Beam Wealth Advisors Inc. boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 11.7% in the fourth quarter. Beam Wealth Advisors Inc. now owns 32,432 shares of the company’s stock worth $1,403,000 after acquiring an additional 3,404 shares during the last quarter. Finally, Oakworth Capital Inc. grew its holdings in Pacer Trendpilot US Large Cap ETF by 301.3% in the fourth quarter. Oakworth Capital Inc. now owns 6,261 shares of the company’s stock valued at $271,000 after purchasing an additional 4,701 shares during the period.

Pacer Trendpilot US Large Cap ETF Price Performance

PTLC stock traded up $0.17 on Wednesday, hitting $49.72. 148,429 shares of the company were exchanged. The firm has a market cap of $2.85 billion, a PE ratio of 26.16 and a beta of 0.98. The company has a fifty day simple moving average of $49.76 and a two-hundred day simple moving average of $47.76.

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.