Optivise Advisory Services LLC Cuts Position in Pacer Trendpilot US Large Cap ETF $PTLC

Optivise Advisory Services LLC trimmed its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 26.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 31,585 shares of the company’s stock after selling 11,389 shares during the period. Pacer Trendpilot US Large Cap ETF makes up approximately 1.0% of Optivise Advisory Services LLC’s holdings, making the stock its 21st largest position. Optivise Advisory Services LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,730,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Sheets Smith Wealth Management raised its stake in Pacer Trendpilot US Large Cap ETF by 3.0% during the second quarter. Sheets Smith Wealth Management now owns 30,095 shares of the company’s stock valued at $1,528,000 after buying an additional 890 shares during the last quarter. Belpointe Asset Management LLC grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 28.6% in the first quarter. Belpointe Asset Management LLC now owns 6,439 shares of the company’s stock worth $333,000 after acquiring an additional 1,431 shares during the last quarter. Napa Wealth Management bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the second quarter valued at $2,319,000. Avantax Advisory Services Inc. raised its position in shares of Pacer Trendpilot US Large Cap ETF by 30.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 466,086 shares of the company’s stock worth $23,659,000 after purchasing an additional 109,889 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Pacer Trendpilot US Large Cap ETF by 8.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 16,147 shares of the company’s stock worth $831,000 after purchasing an additional 1,291 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of PTLC stock opened at $56.87 on Monday. Pacer Trendpilot US Large Cap ETF has a one year low of $46.51 and a one year high of $55.90. The company’s 50-day moving average is $55.76 and its 200 day moving average is $53.63. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

Pacer Trendpilot US Large Cap ETF 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.