Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC trimmed its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 2.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 13,903 shares of the company’s stock after selling 318 shares during the quarter. International Assets Investment Management LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $715,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. grew its position in Pacer Trendpilot US Large Cap ETF by 19.0% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 33,198 shares of the company’s stock worth $1,708,000 after buying an additional 5,310 shares during the period. Bank of New York Mellon Corp acquired a new position in Pacer Trendpilot US Large Cap ETF during the fourth quarter worth $400,000. Wealth Enhancement Advisory Services LLC raised its holdings in Pacer Trendpilot US Large Cap ETF by 1.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 205,833 shares of the company’s stock worth $10,590,000 after purchasing an additional 2,355 shares during the last quarter. Assetmark Inc. boosted its position in Pacer Trendpilot US Large Cap ETF by 77.3% during the fourth quarter. Assetmark Inc. now owns 1,138 shares of the company’s stock worth $61,000 after purchasing an additional 496 shares in the last quarter. Finally, Principal Securities Inc. acquired a new stake in Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at $36,000.

Pacer Trendpilot US Large Cap ETF Stock Down 6.2%

Pacer Trendpilot US Large Cap ETF stock opened at $49.83 on Thursday. The firm has a market capitalization of $3.28 billion, a PE ratio of 24.80 and a beta of 0.59. Pacer Trendpilot US Large Cap ETF has a 52 week low of $46.51 and a 52 week high of $55.90. The firm’s 50-day simple moving average is $48.70 and its 200 day simple moving average is $51.65.

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.