Freedom Investment Management Inc. Buys 2,964 Shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN)

Freedom Investment Management Inc. boosted its stake in Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 17.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,597 shares of the company’s stock after purchasing an additional 2,964 shares during the quarter. Freedom Investment Management Inc. owned about 0.37% of Pacer Trendpilot International ETF worth $606,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PTIN. Pacer Advisors Inc. increased its stake in Pacer Trendpilot International ETF by 1.7% in the third quarter. Pacer Advisors Inc. now owns 341,217 shares of the company’s stock valued at $10,550,000 after purchasing an additional 5,700 shares in the last quarter. Stegent Equity Advisors Inc. acquired a new position in shares of Pacer Trendpilot International ETF in the 3rd quarter valued at $213,000. Whitaker Myers Wealth Managers LTD. increased its position in shares of Pacer Trendpilot International ETF by 1.6% in the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 47,404 shares of the company’s stock valued at $1,466,000 after buying an additional 733 shares in the last quarter. Global Retirement Partners LLC raised its stake in Pacer Trendpilot International ETF by 4.3% during the 3rd quarter. Global Retirement Partners LLC now owns 31,608 shares of the company’s stock worth $977,000 after buying an additional 1,309 shares during the period. Finally, SPC Financial Inc. lifted its holdings in Pacer Trendpilot International ETF by 9.9% during the third quarter. SPC Financial Inc. now owns 138,539 shares of the company’s stock worth $4,284,000 after acquiring an additional 12,451 shares in the last quarter.

Pacer Trendpilot International ETF Trading Up 0.9 %

NYSEARCA:PTIN opened at $29.48 on Friday. The stock has a market cap of $157.72 million, a price-to-earnings ratio of 13.83 and a beta of 0.83. The stock has a 50-day moving average price of $29.87 and a two-hundred day moving average price of $29.61. Pacer Trendpilot International ETF has a 1 year low of $26.36 and a 1 year high of $31.48.

About Pacer Trendpilot International ETF

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.