Kestra Advisory Services LLC Boosts Stake in Pacer Trendpilot US Large Cap ETF $PTLC

Kestra Advisory Services LLC grew its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 1.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 389,249 shares of the company’s stock after purchasing an additional 6,146 shares during the period. Kestra Advisory Services LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $20,027,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its stake in Pacer Trendpilot US Large Cap ETF by 38.2% in the 1st quarter. LPL Financial LLC now owns 4,819,492 shares of the company’s stock worth $247,963,000 after acquiring an additional 1,332,310 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Pacer Trendpilot US Large Cap ETF by 654.2% during the 1st quarter. Ameriprise Financial Inc. now owns 1,248,954 shares of the company’s stock valued at $64,251,000 after acquiring an additional 1,083,347 shares during the period. Raymond James Financial Inc. grew its position in shares of Pacer Trendpilot US Large Cap ETF by 17.5% during the 1st quarter. Raymond James Financial Inc. now owns 2,864,864 shares of the company’s stock valued at $147,397,000 after acquiring an additional 426,092 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Pacer Trendpilot US Large Cap ETF by 16.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,070,076 shares of the company’s stock worth $55,055,000 after buying an additional 154,653 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in Pacer Trendpilot US Large Cap ETF by 8.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,457,052 shares of the company’s stock worth $74,965,000 after buying an additional 110,982 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Down 0.4%

PTLC stock opened at $52.92 on Friday. The business’s 50-day moving average is $51.33 and its 200 day moving average is $50.89. Pacer Trendpilot US Large Cap ETF has a 12-month low of $46.51 and a 12-month high of $55.90. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

Pacer Trendpilot US Large Cap ETF Company 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.