Raymond James Trust N.A. Sells 9,332 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Raymond James Trust N.A. decreased its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 49.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,469 shares of the company’s stock after selling 9,332 shares during the quarter. Raymond James Trust N.A.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $498,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 796.2% during the 1st quarter. Cetera Investment Advisers now owns 981,214 shares of the company’s stock valued at $46,824,000 after purchasing an additional 871,732 shares in the last quarter. Koss Olinger Consulting LLC acquired a new position in Pacer Trendpilot US Large Cap ETF in the second quarter valued at approximately $29,792,000. Ferguson Shapiro LLC boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 105.3% during the 3rd quarter. Ferguson Shapiro LLC now owns 1,167,237 shares of the company’s stock worth $61,338,000 after buying an additional 598,695 shares in the last quarter. LPL Financial LLC grew its position in shares of Pacer Trendpilot US Large Cap ETF by 6.8% during the 3rd quarter. LPL Financial LLC now owns 3,237,972 shares of the company’s stock worth $170,155,000 after buying an additional 204,965 shares during the period. Finally, Prospera Private Wealth LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 3rd quarter valued at $7,769,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of BATS PTLC opened at $55.01 on Wednesday. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98. The business’s 50-day moving average is $53.12 and its two-hundred day moving average is $50.89.

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.