Bank of New York Mellon Corp bought a new stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,489 shares of the company’s stock, valued at approximately $400,000.
Other hedge funds have also made changes to their positions in the company. Principal Securities Inc. acquired a new position in Pacer Trendpilot US Large Cap ETF during the fourth quarter worth about $36,000. Crewe Advisors LLC purchased a new position in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth approximately $38,000. Empowered Funds LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter worth approximately $96,000. First Horizon Advisors Inc. acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at approximately $169,000. Finally, IFP Advisors Inc increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 23.9% in the fourth quarter. IFP Advisors Inc now owns 3,214 shares of the company’s stock valued at $172,000 after purchasing an additional 620 shares during the last quarter.
Pacer Trendpilot US Large Cap ETF Stock Performance
BATS PTLC opened at $51.23 on Friday. The stock’s fifty day moving average is $53.68 and its two-hundred day moving average is $53.63. The firm 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 fifty-two week low of $45.07 and a fifty-two week high of $55.90.
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.
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