Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Position Lessened by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC decreased its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,893 shares of the company’s stock after selling 625 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $529,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Pacer Advisors Inc. raised its stake in Pacer Trendpilot US Large Cap ETF by 5.6% during the 4th quarter. Pacer Advisors Inc. now owns 209,866 shares of the company’s stock valued at $11,215,000 after acquiring an additional 11,134 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at $750,000. CFS Investment Advisory Services LLC raised its stake in Pacer Trendpilot US Large Cap ETF by 1.3% during the 4th quarter. CFS Investment Advisory Services LLC now owns 1,983,306 shares of the company’s stock valued at $105,988,000 after acquiring an additional 26,386 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Pacer Trendpilot US Large Cap ETF by 5.7% during the 4th quarter. Geneos Wealth Management Inc. now owns 338,358 shares of the company’s stock valued at $18,082,000 after acquiring an additional 18,314 shares in the last quarter. Finally, Independent Wealth Network Inc. raised its stake in Pacer Trendpilot US Large Cap ETF by 52.4% during the 4th quarter. Independent Wealth Network Inc. now owns 9,135 shares of the company’s stock valued at $488,000 after acquiring an additional 3,140 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 3.4 %

Shares of PTLC stock opened at $54.91 on Thursday. The firm has a market cap of $3.15 billion, a PE ratio of 26.16 and a beta of 0.98. The firm’s 50-day moving average price is $54.63 and its two-hundred day moving average price is $52.68.

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.