Carnegie Lake Advisors LLC Makes New $439,000 Investment in Pacer Trendpilot US Large Cap ETF $PTLC

Carnegie Lake Advisors LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,654 shares of the company’s stock, valued at approximately $439,000.

A number of other institutional investors and hedge funds also recently modified their holdings of PTLC. Soltis Investment Advisors LLC lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 1.9% during the second quarter. Soltis Investment Advisors LLC now owns 80,282 shares of the company’s stock valued at $4,075,000 after purchasing an additional 1,515 shares during the last quarter. Golden State Wealth Management LLC raised its holdings in Pacer Trendpilot US Large Cap ETF by 7.4% during the 2nd quarter. Golden State Wealth Management LLC now owns 8,616 shares of the company’s stock worth $437,000 after buying an additional 591 shares during the period. Optivise Advisory Services LLC raised its holdings in Pacer Trendpilot US Large Cap ETF by 11.7% during the 2nd quarter. Optivise Advisory Services LLC now owns 42,974 shares of the company’s stock worth $2,181,000 after buying an additional 4,495 shares during the period. Sigma Planning Corp lifted its stake in Pacer Trendpilot US Large Cap ETF by 4.1% during the second quarter. Sigma Planning Corp now owns 15,645 shares of the company’s stock valued at $794,000 after buying an additional 621 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the second quarter worth about $244,000.

Pacer Trendpilot US Large Cap ETF Price Performance

Pacer Trendpilot US Large Cap ETF stock opened at $55.14 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 50 day simple moving average is $54.66 and its 200-day simple moving average is $51.81. The company has a market cap of $3.61 billion, a P/E 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.