47,134 Shares of Pacer Trendpilot Fund of Funds ETF $TRND Acquired by Mather Group LLC.

Mather Group LLC. bought a new position in shares of Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 47,134 shares of the company’s stock, valued at approximately $1,729,000. Mather Group LLC. owned 2.77% of Pacer Trendpilot Fund of Funds ETF as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. CX Institutional acquired a new position in shares of Pacer Trendpilot Fund of Funds ETF during the third quarter valued at about $30,000. Bank of America Corp DE boosted its stake in Pacer Trendpilot Fund of Funds ETF by 0.3% in the 1st quarter. Bank of America Corp DE now owns 188,403 shares of the company’s stock worth $6,225,000 after purchasing an additional 513 shares in the last quarter. Royal Bank of Canada boosted its stake in Pacer Trendpilot Fund of Funds ETF by 1,244.1% in the 1st quarter. Royal Bank of Canada now owns 17,877 shares of the company’s stock worth $591,000 after purchasing an additional 16,547 shares in the last quarter. Cetera Investment Advisers grew its position in Pacer Trendpilot Fund of Funds ETF by 13.8% during the 1st quarter. Cetera Investment Advisers now owns 46,911 shares of the company’s stock worth $1,550,000 after purchasing an additional 5,700 shares during the last quarter. Finally, Retirement Planning Group LLC purchased a new stake in Pacer Trendpilot Fund of Funds ETF during the 1st quarter worth approximately $2,206,000.

Pacer Trendpilot Fund of Funds ETF Price Performance

Pacer Trendpilot Fund of Funds ETF stock traded down $0.39 during trading hours on Friday, hitting $36.18. 1,646 shares of the stock traded hands, compared to its average volume of 3,584. Pacer Trendpilot Fund of Funds ETF has a 1 year low of $30.59 and a 1 year high of $39.09. The stock has a market capitalization of $61.51 million, a price-to-earnings ratio of 15.57 and a beta of 0.52. The firm’s 50 day moving average price is $37.07 and its 200-day moving average price is $36.36.

About Pacer Trendpilot Fund of Funds ETF

The Pacer Trendpilot Fund of Funds ETF (TRND) is an exchange-traded fund that is based on the Pacer Trendpilot Fund of Funds index. TRND, a fund of funds, provides exposure to large- and mid-cap companies in developed markets including the US. Its underlying funds use momentum to toggle to cash at 50% or 100%. TRND was launched on May 3, 2019 and is managed by Pacer.