Fourpath Capital Management LLC Sells 4,954 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Fourpath Capital Management LLC lessened its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 142,894 shares of the company’s stock after selling 4,954 shares during the quarter. Pacer Trendpilot US Large Cap ETF accounts for approximately 1.4% of Fourpath Capital Management LLC’s holdings, making the stock its 17th biggest holding. Fourpath Capital Management LLC owned approximately 0.25% of Pacer Trendpilot US Large Cap ETF worth $7,636,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Ferguson Shapiro LLC boosted its stake in Pacer Trendpilot US Large Cap ETF by 105.3% in the 3rd quarter. Ferguson Shapiro LLC now owns 1,167,237 shares of the company’s stock valued at $61,338,000 after buying an additional 598,695 shares in the last quarter. Brookstone Capital Management lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 1,176.6% during the fourth quarter. Brookstone Capital Management now owns 230,222 shares of the company’s stock valued at $12,303,000 after acquiring an additional 212,188 shares during the period. LPL Financial LLC lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 6.8% during the third quarter. LPL Financial LLC now owns 3,237,972 shares of the company’s stock valued at $170,155,000 after acquiring an additional 204,965 shares during the period. Prospera Private Wealth LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 3rd quarter valued at $7,769,000. Finally, OFC Financial Planning LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter worth about $4,142,000.

Pacer Trendpilot US Large Cap ETF Stock Up 2.6 %

Shares of PTLC stock opened at $54.50 on Tuesday. The company has a market cap of $3.12 billion, a P/E ratio of 26.16 and a beta of 0.98. The company’s 50-day moving average price is $54.65 and its 200-day moving average price is $52.77.

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.