Financial Advocates Investment Management Has $224,000 Stock Position in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Financial Advocates Investment Management trimmed its holdings in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 83.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,085 shares of the company’s stock after selling 30,886 shares during the quarter. Financial Advocates Investment Management’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $224,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Jane Street Group LLC acquired a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the 3rd quarter worth $295,000. Stifel Financial Corp lifted its position in Pacer Trendpilot US Mid Cap ETF by 13.4% during the third quarter. Stifel Financial Corp now owns 73,067 shares of the company’s stock worth $2,712,000 after purchasing an additional 8,611 shares during the period. Private Advisor Group LLC grew its stake in Pacer Trendpilot US Mid Cap ETF by 7.3% during the third quarter. Private Advisor Group LLC now owns 17,030 shares of the company’s stock worth $632,000 after buying an additional 1,157 shares in the last quarter. J2 Capital Management Inc bought a new position in Pacer Trendpilot US Mid Cap ETF in the 4th quarter valued at about $2,263,000. Finally, Whitaker Myers Wealth Managers LTD. raised its position in shares of Pacer Trendpilot US Mid Cap ETF by 1.3% in the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 37,199 shares of the company’s stock valued at $1,381,000 after buying an additional 477 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Trading Up 1.4 %

BATS PTMC opened at $37.91 on Monday. The firm’s 50 day simple moving average is $38.16 and its 200 day simple moving average is $37.40. The firm has a market capitalization of $430.22 million, a price-to-earnings ratio of 15.45 and a beta of 0.79. Pacer Trendpilot US Mid Cap ETF has a 1 year low of $27.10 and a 1 year high of $32.86.

Pacer Trendpilot US Mid Cap ETF Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.