Heritage Wealth Management Inc. Buys Shares of 3,925 Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Heritage Wealth Management Inc. bought a new stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 3,925 shares of the company’s stock, valued at approximately $210,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PTLC. Assetmark Inc. grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 1,326.7% during 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 stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter worth about $36,000. Crewe Advisors LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter worth about $38,000. Empowered Funds LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter worth about $96,000. Finally, First Horizon Advisors Inc. acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter worth about $169,000.

Pacer Trendpilot US Large Cap ETF Price Performance

Pacer Trendpilot US Large Cap ETF stock opened at $54.17 on Friday. The firm has a market capitalization of $3.49 billion, a P/E ratio of 27.36 and a beta of 0.59. The business’s 50 day moving average price is $54.58 and its 200-day moving average price is $53.51.

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.