Alchemi Wealth LLC Invests $540,000 in Pacer Trendpilot US Large Cap ETF $PTLC

Alchemi Wealth LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the fourth quarter, Holdings Channel reports. The firm bought 9,718 shares of the company’s stock, valued at approximately $540,000.

A number of other hedge funds also recently made changes to their positions in PTLC. Burkett Financial Services LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter worth $41,000. Ancora Advisors LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter worth $57,000. Root Financial Partners LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter worth $136,000. Sard Wealth Management Group LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter worth $200,000. Finally, Benjamin Edwards Inc. bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter worth $208,000.

Pacer Trendpilot US Large Cap ETF Price Performance

BATS PTLC opened at $57.69 on Friday. The stock has a market capitalization of $3.78 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a one year low of $48.62 and a one year high of $59.15. The business’s fifty day moving average is $56.37 and its 200-day moving average is $55.87.

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.