Independent Wealth Network Inc. Sells 409 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Independent Wealth Network Inc. decreased its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 4.5% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,726 shares of the company’s stock after selling 409 shares during the quarter. Independent Wealth Network Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $449,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Aptus Capital Advisors LLC lifted its stake in shares of Pacer Trendpilot US Large Cap ETF by 2,260.0% during the 4th quarter. Aptus Capital Advisors LLC now owns 590 shares of the company’s stock valued at $32,000 after buying an additional 565 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at $150,000. Fermata Advisors LLC purchased a new position in shares of Pacer Trendpilot US Large Cap ETF during the 1st quarter valued at $207,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at $218,000. Finally, Mascagni Wealth Management Inc. purchased a new position in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at $277,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

PTLC opened at $51.53 on Friday. Pacer Trendpilot US Large Cap ETF has a fifty-two week low of $46.51 and a fifty-two week high of $55.90. The firm’s fifty day moving average is $49.46 and its 200 day moving average is $51.24. The stock has a market cap of $3.37 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

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.