Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management cut its holdings in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 23.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 36,971 shares of the company’s stock after selling 11,573 shares during the period. Financial Advocates Investment Management owned 0.33% of Pacer Trendpilot US Mid Cap ETF worth $1,372,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PTMC. Janney Montgomery Scott LLC acquired a new position in Pacer Trendpilot US Mid Cap ETF in the 1st quarter valued at $230,000. Geneos Wealth Management Inc. increased its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 10.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 31,063 shares of the company’s stock worth $1,119,000 after buying an additional 2,988 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 4,181.1% during the 1st quarter. Cetera Investment Advisers now owns 379,263 shares of the company’s stock worth $13,665,000 after buying an additional 370,404 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 23.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,960 shares of the company’s stock worth $451,000 after buying an additional 2,500 shares during the last quarter. Finally, MBL Wealth LLC increased its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 4.3% during the 2nd quarter. MBL Wealth LLC now owns 189,513 shares of the company’s stock worth $6,594,000 after buying an additional 7,740 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Stock Down 1.3 %

PTMC stock opened at $36.86 on Friday. The company has a market cap of $418.36 million, a price-to-earnings ratio of 15.45 and a beta of 0.79. The business has a fifty day simple moving average of $36.77 and a 200-day simple moving average of $35.67. Pacer Trendpilot US Mid Cap ETF has a 52 week low of $27.10 and a 52 week high of $32.86.

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.