J2 Capital Management Inc Reduces Stock Position in Pacer Trendpilot US Mid Cap ETF $PTMC

J2 Capital Management Inc trimmed its holdings in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 88.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,224 shares of the company’s stock after selling 98,128 shares during the period. J2 Capital Management Inc owned about 0.11% of Pacer Trendpilot US Mid Cap ETF worth $484,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Pacer Trendpilot US Mid Cap ETF by 34.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock worth $65,000 after buying an additional 479 shares during the last quarter. Royal Bank of Canada boosted its stake in Pacer Trendpilot US Mid Cap ETF by 0.5% during the 1st quarter. Royal Bank of Canada now owns 127,218 shares of the company’s stock valued at $4,402,000 after acquiring an additional 586 shares during the last quarter. Stifel Financial Corp boosted its stake in Pacer Trendpilot US Mid Cap ETF by 0.7% during the 4th quarter. Stifel Financial Corp now owns 96,181 shares of the company’s stock valued at $3,431,000 after acquiring an additional 658 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in Pacer Trendpilot US Mid Cap ETF by 14.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 8,016 shares of the company’s stock valued at $286,000 after acquiring an additional 1,003 shares during the last quarter. Finally, Ancora Advisors LLC acquired a new position in Pacer Trendpilot US Mid Cap ETF during the 3rd quarter worth $38,000.

Pacer Trendpilot US Mid Cap ETF Stock Performance

PTMC opened at $41.41 on Friday. The company has a 50-day moving average of $40.05 and a 200-day moving average of $38.32. The company has a market capitalization of $519.70 million, a P/E ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a 1-year low of $33.60 and a 1-year high of $41.81.

Pacer Trendpilot US Mid Cap ETF Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.