Maridea Wealth Management LLC Sells 14,863 Shares of Pacer Trendpilot US Mid Cap ETF $PTMC

Maridea Wealth Management LLC lessened its holdings in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 31.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 32,043 shares of the company’s stock after selling 14,863 shares during the quarter. Maridea Wealth Management LLC’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $1,172,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Ancora Advisors LLC purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the third quarter worth approximately $38,000. International Assets Investment Management LLC bought a new position in Pacer Trendpilot US Mid Cap ETF in the 4th quarter valued at $62,000. Northwestern Mutual Wealth Management Co. increased its stake in 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 purchasing an additional 479 shares during the period. Ameriflex Group Inc. increased its stake in Pacer Trendpilot US Mid Cap ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 2,222 shares of the company’s stock worth $80,000 after purchasing an additional 1,111 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in shares of Pacer Trendpilot US Mid Cap ETF by 26.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 7,664 shares of the company’s stock worth $273,000 after purchasing an additional 1,587 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Trading Down 0.1%

Shares of PTMC opened at $41.36 on Friday. The firm has a market capitalization of $519.07 million, a P/E ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a 12-month low of $33.60 and a 12-month high of $41.81. The firm has a fifty day moving average price of $40.10 and a 200-day moving average price of $38.34.

About Pacer Trendpilot US Mid Cap ETF

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.