Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Shares Sold by Inspire Advisors LLC

Inspire Advisors LLC lessened its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 5.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,094 shares of the company’s stock after selling 609 shares during the period. Inspire Advisors LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $502,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of PTLC. Ridgewood Investments LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter valued at about $40,000. Larson Financial Group LLC boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 124.3% in the second quarter. Larson Financial Group LLC now owns 830 shares of the company’s stock worth $41,000 after buying an additional 460 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 873.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,229 shares of the company’s stock worth $96,000 after buying an additional 2,000 shares during the period. Cambridge Trust Co. acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the first quarter worth about $112,000. Finally, Mather Group LLC. acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the second quarter worth about $146,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of PTLC opened at $51.33 on Friday. The stock has a 50 day moving average price of $50.25 and a 200-day moving average price of $48.60. The firm has a market capitalization of $2.94 billion, a PE ratio of 26.16 and a beta of 0.98.

About Pacer Trendpilot US Large Cap ETF

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.