Northwestern Mutual Wealth Management Co. Purchases 28,521 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Northwestern Mutual Wealth Management Co. raised its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 6.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 450,564 shares of the company’s stock after purchasing an additional 28,521 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.79% of Pacer Trendpilot US Large Cap ETF worth $22,420,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of PTLC. Magnolia Capital Advisors LLC raised its position in shares of Pacer Trendpilot US Large Cap ETF by 0.3% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 91,345 shares of the company’s stock worth $4,545,000 after acquiring an additional 302 shares in the last quarter. Insigneo Advisory Services LLC raised its position in shares of Pacer Trendpilot US Large Cap ETF by 59.1% in the 2nd quarter. Insigneo Advisory Services LLC now owns 11,578 shares of the company’s stock worth $548,000 after acquiring an additional 4,303 shares in the last quarter. Bank of Montreal Can raised its position in shares of Pacer Trendpilot US Large Cap ETF by 65.7% in the 2nd quarter. Bank of Montreal Can now owns 14,603 shares of the company’s stock worth $729,000 after acquiring an additional 5,792 shares in the last quarter. Fidelis Capital Partners LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the 2nd quarter worth $226,000. Finally, J.W. Cole Advisors Inc. raised its position in shares of Pacer Trendpilot US Large Cap ETF by 24.3% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 81,380 shares of the company’s stock worth $4,049,000 after acquiring an additional 15,892 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 0.4 %

PTLC opened at $52.55 on Tuesday. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98. The stock has a 50 day moving average of $50.50 and a two-hundred day moving average of $49.04.

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.