Ausdal Financial Partners Inc. Lowers Stock Holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Ausdal Financial Partners Inc. reduced its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,969 shares of the company’s stock after selling 831 shares during the quarter. Ausdal Financial Partners Inc. owned approximately 0.06% of Pacer Trendpilot US Large Cap ETF worth $1,815,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 16.2% in the fourth quarter. Park Avenue Securities LLC now owns 5,391 shares of the company’s stock valued at $288,000 after purchasing an additional 750 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 9.8% in the third quarter. HighTower Advisors LLC now owns 171,332 shares of the company’s stock worth $8,987,000 after acquiring an additional 15,236 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter worth $96,000. Principal Securities Inc. acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at $36,000. Finally, Assetmark Inc. boosted its holdings in Pacer Trendpilot US Large Cap ETF by 77.3% in the fourth quarter. Assetmark Inc. now owns 1,138 shares of the company’s stock valued at $61,000 after purchasing an additional 496 shares during the period.

Pacer Trendpilot US Large Cap ETF Price Performance

PTLC opened at $51.84 on Thursday. The business has a fifty day moving average price of $53.79 and a 200 day moving average price of $53.63. Pacer Trendpilot US Large Cap ETF has a 12 month low of $45.07 and a 12 month high of $55.90. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 25.52 and a beta of 0.57.

Pacer Trendpilot US Large Cap ETF Profile

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.