Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC lessened its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,062 shares of the company’s stock after selling 517 shares during the period. Merit Financial Group LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $431,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of PTLC. PFG Advisors raised its position in shares of Pacer Trendpilot US Large Cap ETF by 5.8% during the 3rd quarter. PFG Advisors now owns 201,245 shares of the company’s stock worth $10,575,000 after purchasing an additional 11,111 shares during the last quarter. SPC Financial Inc. increased its stake in Pacer Trendpilot US Large Cap ETF by 9.7% during the 2nd quarter. SPC Financial Inc. now owns 103,305 shares of the company’s stock worth $5,140,000 after buying an additional 9,127 shares in the last quarter. Ferguson Shapiro LLC raised its holdings 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 valued at $61,338,000 after acquiring an additional 598,695 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Pacer Trendpilot US Large Cap ETF in the third quarter valued at approximately $2,514,000. Finally, Assetmark Inc. boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 1,326.7% in the third quarter. Assetmark Inc. now owns 642 shares of the company’s stock worth $34,000 after acquiring an additional 597 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 4.6 %

BATS PTLC opened at $55.57 on Friday. The company has a 50 day moving average price of $54.54 and a two-hundred day moving average price of $52.55. The firm has a market cap of $3.18 billion, a P/E 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.