Western Wealth Management LLC Has $1.13 Million Holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Western Wealth Management LLC cut its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 17.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,111 shares of the company’s stock after selling 5,624 shares during the period. Western Wealth Management LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,130,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PTLC. Ferguson Shapiro LLC acquired a new position in Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at about $30,952,000. Imprint Wealth LLC raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 3,689.6% in the second quarter. Imprint Wealth LLC now owns 675,503 shares of the company’s stock worth $67,550,000 after acquiring an additional 657,678 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth about $19,042,000. Morgan Stanley raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 7.4% in the third quarter. Morgan Stanley now owns 3,815,400 shares of the company’s stock worth $152,463,000 after acquiring an additional 263,865 shares during the last quarter. Finally, Tyche Wealth Partners LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth about $10,124,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of BATS PTLC opened at $45.19 on Friday. The company has a market capitalization of $2.56 billion, a P/E ratio of 25.59 and a beta of 0.97. The business has a fifty day moving average of $46.57 and a 200-day moving average of $43.64.

Pacer Trendpilot US Large Cap ETF Company 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.