Bank of New York Mellon Corp Acquires Shares of 7,489 Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Bank of New York Mellon Corp acquired a new stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,489 shares of the company’s stock, valued at approximately $400,000.

A number of other hedge funds have also recently modified their holdings of the stock. GPS Wealth Strategies Group LLC grew its position in Pacer Trendpilot US Large Cap ETF by 5.1% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 10,389 shares of the company’s stock valued at $555,000 after buying an additional 500 shares during the period. Gimbal Financial boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 0.8% during the 4th quarter. Gimbal Financial now owns 70,027 shares of the company’s stock worth $3,742,000 after acquiring an additional 556 shares in the last quarter. IFP Advisors Inc grew its position in shares of Pacer Trendpilot US Large Cap ETF by 23.9% during the 4th quarter. IFP Advisors Inc now owns 3,214 shares of the company’s stock valued at $172,000 after acquiring an additional 620 shares during the period. Principal Securities Inc. purchased a new position in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $36,000. Finally, Crewe Advisors LLC acquired a new position in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth about $38,000.

Pacer Trendpilot US Large Cap ETF Trading Down 3.5 %

Shares of PTLC stock opened at $51.23 on Friday. The company has a market capitalization of $3.38 billion, a P/E ratio of 25.17 and a beta of 0.57. Pacer Trendpilot US Large Cap ETF has a 12-month low of $45.07 and a 12-month high of $55.90. The business’s 50 day moving average is $53.68 and its two-hundred day moving average is $53.63.

Pacer Trendpilot US Large Cap ETF Profile

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.