Kestra Private Wealth Services LLC Buys 2,428 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Kestra Private Wealth Services LLC boosted its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 8.0% during the fourth quarter, Holdings Channel reports. The fund owned 32,667 shares of the company’s stock after acquiring an additional 2,428 shares during the period. Kestra Private Wealth Services LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,746,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Empowered Funds LLC bought a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth about $96,000. Golden State Wealth Management LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $395,000. Strategic Financial Concepts LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $629,000. Silver Oak Securities Incorporated boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 27.9% in the 4th quarter. Silver Oak Securities Incorporated now owns 14,224 shares of the company’s stock valued at $763,000 after purchasing an additional 3,103 shares during the last quarter. Finally, Tyche Wealth Partners LLC boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 4.5% in the 4th quarter. Tyche Wealth Partners LLC now owns 228,758 shares of the company’s stock valued at $12,225,000 after purchasing an additional 9,803 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Up 3.8 %

Shares of BATS PTLC opened at $55.14 on Wednesday. The company has a market cap of $3.16 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98. The company has a 50-day simple moving average of $54.65 and a 200-day simple moving average of $52.98.

Pacer Trendpilot US Large Cap ETF Company 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.