NewEdge Advisors LLC Lowers Stock Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

NewEdge Advisors LLC reduced its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 127,953 shares of the company’s stock after selling 3,531 shares during the quarter. NewEdge Advisors LLC owned about 0.22% of Pacer Trendpilot US Large Cap ETF worth $6,367,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its holdings in Pacer Trendpilot US Large Cap ETF by 6.5% in the fourth quarter. Stifel Financial Corp now owns 289,492 shares of the company’s stock valued at $12,526,000 after buying an additional 17,600 shares during the period. CFS Investment Advisory Services LLC raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 0.8% in the 4th quarter. CFS Investment Advisory Services LLC now owns 1,895,645 shares of the company’s stock valued at $82,025,000 after acquiring an additional 14,189 shares during the period. WNY Asset Management LLC raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 28.9% in the 4th quarter. WNY Asset Management LLC now owns 10,479 shares of the company’s stock valued at $453,000 after acquiring an additional 2,350 shares during the period. MONECO Advisors LLC lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 6.5% during the 4th quarter. MONECO Advisors LLC now owns 137,209 shares of the company’s stock valued at $5,937,000 after acquiring an additional 8,419 shares in the last quarter. Finally, EWG Elevate Inc. boosted its position in Pacer Trendpilot US Large Cap ETF by 2.0% during the 1st quarter. EWG Elevate Inc. now owns 23,693 shares of the company’s stock worth $1,131,000 after purchasing an additional 466 shares during the period.

Pacer Trendpilot US Large Cap ETF Stock Down 0.9 %

BATS:PTLC opened at $52.07 on Wednesday. The firm has a 50 day moving average of $50.50 and a 200-day moving average of $49.04. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98.

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.