Gimbal Financial Purchases 28,698 Shares of Pacer Trendpilot US Mid Cap ETF $PTMC

Gimbal Financial raised its stake in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 152.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 47,543 shares of the company’s stock after purchasing an additional 28,698 shares during the period. Pacer Trendpilot US Mid Cap ETF accounts for approximately 1.0% of Gimbal Financial’s investment portfolio, making the stock its 13th biggest position. Gimbal Financial’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $1,658,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. acquired a new position in Pacer Trendpilot US Mid Cap ETF during the 1st quarter valued at about $32,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the first quarter worth $48,000. TD Private Client Wealth LLC bought a new position in shares of Pacer Trendpilot US Mid Cap ETF in the second quarter worth $105,000. Cyndeo Wealth Partners LLC bought a new position in Pacer Trendpilot US Mid Cap ETF in the second quarter valued at $204,000. Finally, Private Advisor Group LLC boosted its position in Pacer Trendpilot US Mid Cap ETF by 2.8% during the first quarter. Private Advisor Group LLC now owns 16,463 shares of the company’s stock valued at $570,000 after buying an additional 453 shares during the period.

Pacer Trendpilot US Mid Cap ETF Price Performance

Shares of PTMC opened at $35.92 on Wednesday. Pacer Trendpilot US Mid Cap ETF has a one year low of $33.39 and a one year high of $40.66. The company has a 50-day simple moving average of $35.63 and a two-hundred day simple moving average of $35.04. The firm has a market capitalization of $450.75 million, a PE ratio of 17.49 and a beta of 0.55.

Pacer Trendpilot US Mid Cap ETF Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.