First Horizon Advisors Inc. Invests $169,000 in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

First Horizon Advisors Inc. purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 3,161 shares of the company’s stock, valued at approximately $169,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PTLC. LPL Financial LLC boosted its position in Pacer Trendpilot US Large Cap ETF by 6.8% in the 3rd quarter. LPL Financial LLC now owns 3,237,972 shares of the company’s stock valued at $170,155,000 after buying an additional 204,965 shares during the last quarter. CFS Investment Advisory Services LLC lifted its stake in shares of Pacer Trendpilot US Large Cap ETF by 1.3% in the fourth quarter. CFS Investment Advisory Services LLC now owns 1,983,306 shares of the company’s stock worth $105,988,000 after acquiring an additional 26,386 shares in the last quarter. Ferguson Shapiro LLC boosted its holdings in Pacer Trendpilot US Large Cap ETF by 12.9% in the fourth quarter. Ferguson Shapiro LLC now owns 1,317,921 shares of the company’s stock valued at $70,430,000 after purchasing an additional 150,684 shares during the last quarter. MML Investors Services LLC grew its stake in Pacer Trendpilot US Large Cap ETF by 15.9% during the 3rd quarter. MML Investors Services LLC now owns 395,027 shares of the company’s stock valued at $20,759,000 after purchasing an additional 54,075 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings 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 worth $18,082,000 after purchasing an additional 18,314 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of PTLC opened at $54.19 on Wednesday. The firm has a market cap of $3.49 billion, a price-to-earnings ratio of 27.36 and a beta of 0.59. The firm has a 50-day simple moving average of $54.60 and a 200 day simple moving average of $53.44.

Pacer Trendpilot US Large Cap ETF Company 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.