NewEdge Advisors LLC Sells 68,154 Shares of Pacer Trendpilot US Large Cap ETF $PTLC

NewEdge Advisors LLC reduced its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLCFree Report) by 17.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 325,921 shares of the company’s stock after selling 68,154 shares during the quarter. NewEdge Advisors LLC owned approximately 0.50% of Pacer Trendpilot US Large Cap ETF worth $17,098,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of PTLC. Ancora Advisors LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 3rd quarter worth $57,000. Sankala Group LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at about $77,000. Realta Investment Advisors boosted its holdings in Pacer Trendpilot US Large Cap ETF by 179.9% during the first quarter. Realta Investment Advisors now owns 1,528 shares of the company’s stock worth $80,000 after purchasing an additional 982 shares during the last quarter. Root Financial Partners LLC bought a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth about $136,000. Finally, Avion Wealth grew its position in Pacer Trendpilot US Large Cap ETF by 27.5% in the 4th quarter. Avion Wealth now owns 4,081 shares of the company’s stock worth $226,000 after purchasing an additional 880 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

BATS:PTLC opened at $60.28 on Friday. Pacer Trendpilot US Large Cap ETF has a 52 week low of $51.58 and a 52 week high of $60.54. The firm has a 50-day moving average price of $58.20 and a two-hundred day moving average price of $56.46. The firm has a market cap of $3.95 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

About Pacer Trendpilot US Large Cap ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

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