Pacer Trendpilot European Index ETF (BATS:PTEU) Sees Large Decrease in Short Interest

Pacer Trendpilot European Index ETF (BATS:PTEU) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 22 shares, a drop of 67.2% from the May 31st total of 67 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,141 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Pacer Trendpilot European Index ETF

Hedge funds have recently modified their holdings of the company. LPL Financial LLC boosted its position in shares of Pacer Trendpilot European Index ETF by 1.0% during the 4th quarter. LPL Financial LLC now owns 52,828 shares of the company’s stock valued at $1,623,000 after acquiring an additional 546 shares during the last quarter. Citadel Advisors LLC raised its stake in Pacer Trendpilot European Index ETF by 4.1% during the third quarter. Citadel Advisors LLC now owns 20,133 shares of the company’s stock valued at $602,000 after purchasing an additional 799 shares in the last quarter. Capital Investment Advisory Services LLC raised its stake in Pacer Trendpilot European Index ETF by 2.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 30,430 shares of the company’s stock valued at $935,000 after purchasing an additional 836 shares in the last quarter. Stifel Financial Corp lifted its position in Pacer Trendpilot European Index ETF by 4.0% during the fourth quarter. Stifel Financial Corp now owns 40,839 shares of the company’s stock valued at $1,255,000 after purchasing an additional 1,565 shares during the last quarter. Finally, J2 Capital Management Inc lifted its position in Pacer Trendpilot European Index ETF by 3.2% during the first quarter. J2 Capital Management Inc now owns 117,010 shares of the company’s stock valued at $3,487,000 after purchasing an additional 3,677 shares during the last quarter.

Pacer Trendpilot European Index ETF Trading Down 0.6%

BATS:PTEU opened at $32.70 on Friday. The company has a market capitalization of $42.51 million, a P/E ratio of 16.12 and a beta of 0.43. Pacer Trendpilot European Index ETF has a 12 month low of $27.67 and a 12 month high of $33.81. The business’s 50-day moving average is $32.43 and its 200 day moving average is $31.65.

About Pacer Trendpilot European Index ETF

The Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that is based on the Pacer Trendpilot European index. The fund tracks an index of large- and mid-cap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum. PTEU was launched on Dec 15, 2015 and is managed by Pacer.