Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 2.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 301,701 shares of the company’s stock after selling 7,340 shares during the quarter. Truist Financial Corp owned 0.53% of Pacer Trendpilot US Large Cap ETF worth $16,123,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PTLC. Assetmark Inc. increased its position in Pacer Trendpilot US Large Cap ETF by 1,326.7% during the 3rd quarter. Assetmark Inc. now owns 642 shares of the company’s stock worth $34,000 after purchasing an additional 597 shares in the last quarter. Principal Securities Inc. acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth approximately $36,000. Crewe Advisors LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth approximately $38,000. CWM LLC increased its position in Pacer Trendpilot US Large Cap ETF by 32.7% during the 3rd quarter. CWM LLC now owns 1,186 shares of the company’s stock worth $62,000 after purchasing an additional 292 shares in the last quarter. Finally, Empowered Funds LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth approximately $96,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

PTLC opened at $55.86 on Thursday. The business’s 50-day simple moving average is $54.65 and its 200 day simple moving average is $53.21. The firm has a market cap of $3.20 billion, a P/E ratio of 26.16 and a beta of 0.98.

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.