Wealth Enhancement Advisory Services LLC Decreases Position in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Wealth Enhancement Advisory Services LLC cut its stake in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 7.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,960 shares of the company’s stock after selling 1,000 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.11% of Pacer Trendpilot US Mid Cap ETF worth $444,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the 2nd quarter valued at $60,000. Janney Montgomery Scott LLC acquired a new stake in Pacer Trendpilot US Mid Cap ETF during the 1st quarter worth $230,000. Strategic Financial Partners Ltd. grew its stake in Pacer Trendpilot US Mid Cap ETF by 5.5% during the 2nd quarter. Strategic Financial Partners Ltd. now owns 10,131 shares of the company’s stock valued at $353,000 after acquiring an additional 525 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the second quarter valued at approximately $418,000. Finally, Private Advisor Group LLC increased its stake in shares of Pacer Trendpilot US Mid Cap ETF by 2.8% in the 2nd quarter. Private Advisor Group LLC now owns 15,873 shares of the company’s stock worth $552,000 after acquiring an additional 425 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Price Performance

Shares of BATS PTMC opened at $39.27 on Friday. Pacer Trendpilot US Mid Cap ETF has a 1 year low of $27.10 and a 1 year high of $32.86. The company has a market capitalization of $445.69 million, a P/E ratio of 15.45 and a beta of 0.79. The company has a 50 day simple moving average of $36.96 and a 200-day simple moving average of $35.85.

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.