Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Shares Sold by Financial Enhancement Group LLC

Financial Enhancement Group LLC cut its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 3.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 223,569 shares of the company’s stock after selling 8,536 shares during the quarter. Pacer Trendpilot US Large Cap ETF accounts for approximately 1.7% of Financial Enhancement Group LLC’s holdings, making the stock its 17th biggest position. Financial Enhancement Group LLC owned approximately 0.39% of Pacer Trendpilot US Large Cap ETF worth $10,418,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of PTLC. Ferguson Shapiro LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter worth $30,952,000. International Assets Investment Management LLC purchased a new position in Pacer Trendpilot US Large Cap ETF in the fourth quarter worth $19,042,000. Tyche Wealth Partners LLC purchased a new position in Pacer Trendpilot US Large Cap ETF in the fourth quarter worth $10,124,000. Wells Fargo & Company MN raised its position in Pacer Trendpilot US Large Cap ETF by 6.3% in the fourth quarter. Wells Fargo & Company MN now owns 2,543,424 shares of the company’s stock worth $110,054,000 after acquiring an additional 150,534 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its position in Pacer Trendpilot US Large Cap ETF by 149.9% in the fourth quarter. Avantax Advisory Services Inc. now owns 237,147 shares of the company’s stock worth $10,261,000 after acquiring an additional 142,241 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Price Performance

BATS:PTLC traded up $0.09 during trading hours on Wednesday, hitting $49.93. The company’s stock had a trading volume of 103,611 shares. The company has a 50-day moving average price of $47.93 and a 200-day moving average price of $46.17. The firm has a market capitalization of $2.86 billion, a P/E ratio of 26.16 and a beta of 0.98.

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.