Assetmark Inc. Increases Stock Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Assetmark Inc. increased its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 1,326.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 642 shares of the company’s stock after buying an additional 597 shares during the period. Assetmark Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $34,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the second quarter worth approximately $6,347,000. Cetera Advisor Networks LLC increased its position in shares of Pacer Trendpilot US Large Cap ETF by 32.0% in the 1st quarter. Cetera Advisor Networks LLC now owns 546,647 shares of the company’s stock worth $26,086,000 after purchasing an additional 132,643 shares during the last quarter. Gimbal Financial raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 10.3% in the 2nd quarter. Gimbal Financial now owns 64,258 shares of the company’s stock valued at $3,269,000 after purchasing an additional 6,025 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 0.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,533,550 shares of the company’s stock valued at $76,309,000 after purchasing an additional 13,275 shares in the last quarter. Finally, PFG Advisors grew its stake in Pacer Trendpilot US Large Cap ETF by 5.8% in the third quarter. PFG Advisors now owns 201,245 shares of the company’s stock worth $10,575,000 after purchasing an additional 11,111 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of Pacer Trendpilot US Large Cap ETF stock opened at $54.06 on Wednesday. The company has a fifty day moving average price of $52.86 and a 200-day moving average price of $50.69. The company has a market capitalization of $3.10 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.