Janney Montgomery Scott LLC Purchases New Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Janney Montgomery Scott LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 47,844 shares of the company’s stock, valued at approximately $2,514,000. Janney Montgomery Scott LLC owned about 0.08% of Pacer Trendpilot US Large Cap ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers grew its stake in Pacer Trendpilot US Large Cap ETF by 796.2% during the 1st quarter. Cetera Investment Advisers now owns 981,214 shares of the company’s stock worth $46,824,000 after buying an additional 871,732 shares during the last quarter. Koss Olinger Consulting LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the second quarter valued at approximately $29,792,000. Ferguson Shapiro LLC grew its position in shares of Pacer Trendpilot US Large Cap ETF by 105.3% during the third quarter. Ferguson Shapiro LLC now owns 1,167,237 shares of the company’s stock worth $61,338,000 after acquiring an additional 598,695 shares during the last quarter. Cetera Advisor Networks LLC increased its holdings 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 valued at $26,086,000 after acquiring an additional 132,643 shares during the period. Finally, ORG Partners LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 2nd quarter valued at $6,347,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of BATS:PTLC opened at $54.80 on Tuesday. The firm has a market cap of $3.14 billion, a PE ratio of 26.16 and a beta of 0.98. The stock’s fifty day simple moving average is $52.36 and its two-hundred day simple moving average is $50.35.

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.