Pasadena Private Wealth LLC Acquires New Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Pasadena Private Wealth LLC bought a new position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,817 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors also recently modified their holdings of the stock. Assetmark Inc. increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 1,326.7% in the third quarter. Assetmark Inc. now owns 642 shares of the company’s stock worth $34,000 after acquiring an additional 597 shares during the last quarter. Principal Securities Inc. acquired a new position in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth about $36,000. Crewe Advisors LLC acquired a new position in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth about $38,000. CWM LLC raised its stake in shares of 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 shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at about $96,000.

Pacer Trendpilot US Large Cap ETF Trading Up 4.9 %

Shares of BATS PTLC opened at $55.70 on Wednesday. The firm has a 50 day moving average price of $54.65 and a 200 day moving average price of $53.19. The company has a market cap of $3.19 billion, a PE 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.