Pacer Advisors Inc. Acquires 5,700 Shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN)

Pacer Advisors Inc. raised its stake in Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 1.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 341,217 shares of the company’s stock after acquiring an additional 5,700 shares during the quarter. Pacer Advisors Inc. owned approximately 0.06% of Pacer Trendpilot International ETF worth $10,550,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in PTIN. International Assets Investment Management LLC bought a new stake in Pacer Trendpilot International ETF during the 2nd quarter worth $27,000. Stegent Equity Advisors Inc. acquired a new stake in shares of Pacer Trendpilot International ETF during the third quarter valued at about $213,000. Concurrent Investment Advisors LLC bought a new stake in shares of Pacer Trendpilot International ETF during the second quarter worth about $296,000. Bank of Montreal Can bought a new stake in shares of Pacer Trendpilot International ETF during the second quarter worth about $710,000. Finally, Kathmere Capital Management LLC increased its stake in shares of Pacer Trendpilot International ETF by 9.7% in the second quarter. Kathmere Capital Management LLC now owns 33,733 shares of the company’s stock valued at $930,000 after buying an additional 2,986 shares during the period.

Pacer Trendpilot International ETF Price Performance

Shares of NYSEARCA PTIN opened at $29.08 on Friday. Pacer Trendpilot International ETF has a 1 year low of $26.36 and a 1 year high of $31.48. The firm has a market cap of $155.57 million, a PE ratio of 13.83 and a beta of 0.83. The company has a 50 day simple moving average of $29.98 and a 200 day simple moving average of $29.60.

Pacer Trendpilot International ETF Profile

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.