Private Advisor Group LLC Sells 3,142 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Private Advisor Group LLC trimmed its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,714 shares of the company’s stock after selling 3,142 shares during the quarter. Private Advisor Group LLC owned 0.23% of Pacer Trendpilot US Large Cap ETF worth $5,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp bought a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at about $109,000. PSI Advisors LLC boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 23.4% in the fourth quarter. PSI Advisors LLC now owns 2,924 shares of the company’s stock worth $127,000 after purchasing an additional 555 shares during the period. Westside Investment Management Inc. purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth $173,000. Avalon Trust Co bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at $188,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter valued at $240,000.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of Pacer Trendpilot US Large Cap ETF stock opened at $47.18 on Thursday. The company has a market cap of $2.69 billion, a P/E ratio of 25.12 and a beta of 0.98. The business has a fifty day moving average price of $46.74 and a two-hundred day moving average price of $44.23.

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.