Royal Bank of Canada Grows Position in Pacer Trendpilot US Mid Cap ETF $PTMC

Royal Bank of Canada raised its holdings in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 9.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 167,570 shares of the company’s stock after acquiring an additional 15,006 shares during the quarter. Royal Bank of Canada owned 1.34% of Pacer Trendpilot US Mid Cap ETF worth $6,128,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Independent Financial Group LLC purchased a new position in shares of Pacer Trendpilot US Mid Cap ETF in the 1st quarter valued at about $398,000. Geneos Wealth Management Inc. boosted its holdings in Pacer Trendpilot US Mid Cap ETF by 1.3% during the first quarter. Geneos Wealth Management Inc. now owns 70,215 shares of the company’s stock worth $2,568,000 after buying an additional 902 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in Pacer Trendpilot US Mid Cap ETF by 12.2% during the first quarter. Sanctuary Advisors LLC now owns 56,280 shares of the company’s stock worth $2,058,000 after buying an additional 6,114 shares in the last quarter. Retirement Planning Group LLC acquired a new position in Pacer Trendpilot US Mid Cap ETF during the first quarter worth about $447,000. Finally, Bryn Mawr Trust Advisors LLC increased its holdings in Pacer Trendpilot US Mid Cap ETF by 21.5% in the first quarter. Bryn Mawr Trust Advisors LLC now owns 19,738 shares of the company’s stock valued at $722,000 after buying an additional 3,493 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Trading Up 0.2%

PTMC stock opened at $42.11 on Wednesday. The firm has a 50 day moving average of $41.09 and a 200-day moving average of $39.31. The company has a market cap of $528.48 million, a price-to-earnings ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a 12-month low of $34.11 and a 12-month high of $42.33.

About Pacer Trendpilot US Mid Cap ETF

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.