Maridea Wealth Management LLC Reduces Stake in Pacer Trendpilot US Mid Cap ETF $PTMC

Maridea Wealth Management LLC cut its stake in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 31.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,043 shares of the company’s stock after selling 14,863 shares during the period. Maridea Wealth Management LLC owned 0.26% of Pacer Trendpilot US Mid Cap ETF worth $1,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Wealthspire Retirement LLC purchased a new position in shares of Pacer Trendpilot US Mid Cap ETF in the 4th quarter worth approximately $300,000. NewEdge Advisors LLC raised its holdings in Pacer Trendpilot US Mid Cap ETF by 1.0% during the 4th quarter. NewEdge Advisors LLC now owns 252,625 shares of the company’s stock valued at $9,011,000 after buying an additional 2,581 shares during the period. Cetera Investment Advisers raised its holdings in Pacer Trendpilot US Mid Cap ETF by 2.7% during the 4th quarter. Cetera Investment Advisers now owns 444,102 shares of the company’s stock valued at $15,841,000 after buying an additional 11,655 shares during the period. Royal Bank of Canada lifted its position in Pacer Trendpilot US Mid Cap ETF by 5.9% in the fourth quarter. Royal Bank of Canada now owns 152,564 shares of the company’s stock worth $5,442,000 after buying an additional 8,459 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in Pacer Trendpilot US Mid Cap ETF by 27.7% in the fourth quarter. MML Investors Services LLC now owns 15,419 shares of the company’s stock worth $550,000 after buying an additional 3,346 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Stock Down 0.1%

BATS PTMC opened at $41.36 on Friday. The company has a fifty day moving average of $40.10 and a two-hundred day moving average of $38.34. The firm has a market capitalization of $519.07 million, a price-to-earnings ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a 52 week low of $33.60 and a 52 week high of $41.81.

Pacer Trendpilot US Mid Cap ETF 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.