ODonnell Financial Services LLC Reduces Stake in Pacer Trendpilot US Mid Cap ETF $PTMC

ODonnell Financial Services LLC decreased its holdings in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 65.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,946 shares of the company’s stock after selling 182,727 shares during the quarter. Pacer Trendpilot US Mid Cap ETF makes up approximately 1.2% of ODonnell Financial Services LLC’s portfolio, making the stock its 18th biggest position. ODonnell Financial Services LLC owned approximately 0.78% of Pacer Trendpilot US Mid Cap ETF worth $3,507,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the 3rd quarter worth approximately $27,000. Assetmark Inc. raised its stake in Pacer Trendpilot US Mid Cap ETF by 94.6% during the 2nd quarter. Assetmark Inc. now owns 1,806 shares of the company’s stock worth $63,000 after acquiring an additional 878 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Pacer Trendpilot US Mid Cap ETF by 34.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock valued at $65,000 after acquiring an additional 479 shares during the last quarter. Bryn Mawr Trust Advisors LLC acquired a new position in Pacer Trendpilot US Mid Cap ETF in the third quarter valued at $213,000. Finally, Mascagni Wealth Management Inc. boosted its stake in Pacer Trendpilot US Mid Cap ETF by 15.3% in the second quarter. Mascagni Wealth Management Inc. now owns 8,454 shares of the company’s stock valued at $295,000 after acquiring an additional 1,120 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Stock Performance

PTMC opened at $38.76 on Friday. Pacer Trendpilot US Mid Cap ETF has a one year low of $33.60 and a one year high of $39.23. The stock has a market capitalization of $486.44 million, a P/E ratio of 17.49 and a beta of 0.55. The business’s 50-day simple moving average is $37.44 and its 200-day simple moving average is $36.22.

Pacer Trendpilot US Mid Cap ETF Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.