Golden State Equity Partners lowered its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC – Free Report) by 24.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,952 shares of the company’s stock after selling 3,837 shares during the period. Golden State Equity Partners’ holdings in Pacer Trendpilot US Large Cap ETF were worth $639,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of PTLC. Bank of Montreal Can increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 65.7% in the second quarter. Bank of Montreal Can now owns 14,603 shares of the company’s stock valued at $729,000 after purchasing an additional 5,792 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 2nd quarter worth $479,000. Centaurus Financial Inc. acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 2nd quarter worth $111,000. Brookstone Capital Management grew its holdings in Pacer Trendpilot US Large Cap ETF by 7.2% during the 3rd quarter. Brookstone Capital Management now owns 18,034 shares of the company’s stock worth $948,000 after acquiring an additional 1,216 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 3rd quarter worth $2,276,000.
Pacer Trendpilot US Large Cap ETF Stock Up 3.4 %
PTLC opened at $54.89 on Monday. The stock’s 50 day simple moving average is $54.66 and its two-hundred day simple moving average is $52.74. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98.
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.
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