Pacer Trendpilot US Large Cap ETF $PTLC Shares Acquired by Western Wealth Management LLC

Western Wealth Management LLC lifted its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 710.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,835 shares of the company’s stock after buying an additional 74,369 shares during the quarter. Western Wealth Management LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $4,715,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in PTLC. Merit Financial Group LLC grew its position in shares of Pacer Trendpilot US Large Cap ETF by 5,560.7% during the fourth quarter. Merit Financial Group LLC now owns 439,212 shares of the company’s stock worth $24,411,000 after buying an additional 431,453 shares in the last quarter. Pacific Park Financial Inc. acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter worth about $5,122,000. HighTower Advisors LLC grew its position in shares of Pacer Trendpilot US Large Cap ETF by 189.1% during the third quarter. HighTower Advisors LLC now owns 108,437 shares of the company’s stock worth $5,938,000 after buying an additional 70,924 shares in the last quarter. Bryn Mawr Trust Advisors LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the third quarter worth about $3,017,000. Finally, PFG Advisors grew its position in shares of Pacer Trendpilot US Large Cap ETF by 73.4% during the third quarter. PFG Advisors now owns 111,249 shares of the company’s stock worth $6,092,000 after buying an additional 47,099 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of Pacer Trendpilot US Large Cap ETF stock opened at $57.79 on Thursday. Pacer Trendpilot US Large Cap ETF has a one year low of $47.13 and a one year high of $57.89. The company has a market cap of $3.78 billion, a PE ratio of 25.78 and a beta of 0.60. The business has a 50-day simple moving average of $54.59 and a 200-day simple moving average of $55.48.

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.