Gimbal Financial Buys Shares of 58,676 Pacer Trendpilot European Index ETF $PTEU

Gimbal Financial bought a new position in shares of Pacer Trendpilot European Index ETF (BATS:PTEU) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 58,676 shares of the company’s stock, valued at approximately $1,687,000. Pacer Trendpilot European Index ETF accounts for 1.0% of Gimbal Financial’s portfolio, making the stock its 12th largest holding. Gimbal Financial owned 4.51% of Pacer Trendpilot European Index ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Pacer Trendpilot European Index ETF in the first quarter valued at about $224,000. Cetera Investment Advisers increased its stake in shares of Pacer Trendpilot European Index ETF by 4.2% in the 1st quarter. Cetera Investment Advisers now owns 30,617 shares of the company’s stock worth $834,000 after acquiring an additional 1,220 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Pacer Trendpilot European Index ETF by 8.7% during the 1st quarter. LPL Financial LLC now owns 48,554 shares of the company’s stock worth $1,323,000 after purchasing an additional 3,892 shares during the period. Finally, J2 Capital Management Inc boosted its holdings in Pacer Trendpilot European Index ETF by 145.8% during the 2nd quarter. J2 Capital Management Inc now owns 110,401 shares of the company’s stock valued at $3,173,000 after acquiring an additional 65,492 shares during the period.

Pacer Trendpilot European Index ETF Stock Performance

Shares of BATS PTEU opened at $30.19 on Wednesday. The firm has a market capitalization of $39.25 million, a PE ratio of 16.12 and a beta of 0.43. Pacer Trendpilot European Index ETF has a fifty-two week low of $22.92 and a fifty-two week high of $29.99. The stock’s 50-day simple moving average is $29.49 and its 200-day simple moving average is $28.38.

Pacer Trendpilot European Index ETF Profile

The Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that is based on the Pacer Trendpilot European index. The fund tracks an index of large- and mid-cap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum.