Lincoln National Corp Sells 3,243 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Lincoln National Corp trimmed its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 13.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,623 shares of the company’s stock after selling 3,243 shares during the period. Lincoln National Corp’s holdings in Pacer Trendpilot US Large Cap ETF were worth $892,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Fifth Third Bancorp purchased a new position in Pacer Trendpilot US Large Cap ETF in the fourth quarter worth $109,000. PSI Advisors LLC increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 23.4% during the fourth quarter. PSI Advisors LLC now owns 2,924 shares of the company’s stock valued at $127,000 after acquiring an additional 555 shares in the last quarter. Westside Investment Management Inc. acquired a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth approximately $173,000. Avalon Trust Co purchased a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth approximately $188,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in Pacer Trendpilot US Large Cap ETF during the 3rd quarter valued at approximately $240,000.

Pacer Trendpilot US Large Cap ETF Stock Up 0.5 %

BATS:PTLC opened at $47.43 on Friday. The firm has a market capitalization of $2.71 billion, a P/E ratio of 25.12 and a beta of 0.98. The business’s 50 day moving average is $46.76 and its two-hundred day moving average is $44.25.

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.