Cetera Investment Advisers Reduces Holdings in Pacer Trendpilot International ETF (NYSEARCA:PTIN)

Cetera Investment Advisers cut its stake in shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 0.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 387,436 shares of the company’s stock after selling 708 shares during the quarter. Cetera Investment Advisers owned 7.24% of Pacer Trendpilot International ETF worth $11,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. SPC Financial Inc. lifted its holdings in Pacer Trendpilot International ETF by 12.2% in the 2nd quarter. SPC Financial Inc. now owns 126,088 shares of the company’s stock worth $3,646,000 after buying an additional 13,711 shares during the period. Bank of Montreal Can purchased a new stake in Pacer Trendpilot International ETF in the 2nd quarter worth approximately $710,000. Concurrent Investment Advisors LLC purchased a new stake in Pacer Trendpilot International ETF in the 2nd quarter worth approximately $296,000. International Assets Investment Management LLC purchased a new stake in Pacer Trendpilot International ETF in the 2nd quarter worth approximately $27,000. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in Pacer Trendpilot International ETF by 11.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 73,690 shares of the company’s stock worth $2,131,000 after buying an additional 7,459 shares during the period.

Pacer Trendpilot International ETF Stock Performance

Shares of NYSEARCA:PTIN opened at $30.68 on Friday. Pacer Trendpilot International ETF has a 52-week low of $24.78 and a 52-week high of $31.48. The firm has a market capitalization of $164.14 million, a P/E ratio of 13.83 and a beta of 0.83. The stock has a 50 day moving average price of $29.92 and a 200-day moving average price of $29.33.

About Pacer Trendpilot International ETF

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.