Ferguson Shapiro LLC Boosts Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Ferguson Shapiro LLC boosted its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 105.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,167,237 shares of the company’s stock after purchasing an additional 598,695 shares during the period. Pacer Trendpilot US Large Cap ETF comprises 22.9% of Ferguson Shapiro LLC’s investment portfolio, making the stock its largest position. Ferguson Shapiro LLC owned 2.04% of Pacer Trendpilot US Large Cap ETF worth $61,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ridgewood Investments LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the second quarter valued at about $40,000. Larson Financial Group LLC lifted its holdings in Pacer Trendpilot US Large Cap ETF by 124.3% in the 2nd 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. CWM LLC grew its position in shares of Pacer Trendpilot US Large Cap ETF by 32.7% in the 3rd quarter. CWM LLC now owns 1,186 shares of the company’s stock worth $62,000 after buying an additional 292 shares during the last quarter. Centaurus Financial Inc. purchased a new position in shares of Pacer Trendpilot US Large Cap ETF during the second quarter valued at approximately $111,000. Finally, Cambridge Trust Co. bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the first quarter valued at approximately $112,000.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of PTLC stock opened at $53.10 on Friday. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98. The business has a 50 day simple moving average of $51.00 and a two-hundred day simple moving average of $49.34.

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.