Pacer Trendpilot US Large Cap ETF $PTLC Shares Sold by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC cut its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 86.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,193 shares of the company’s stock after selling 73,254 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $568,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of PTLC. LPL Financial LLC lifted 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 valued at $247,963,000 after buying an additional 1,332,310 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Pacer Trendpilot US Large Cap ETF by 654.2% in the first quarter. Ameriprise Financial Inc. now owns 1,248,954 shares of the company’s stock worth $64,251,000 after acquiring an additional 1,083,347 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Pacer Trendpilot US Large Cap ETF by 17.5% in the first 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 in the last quarter. Deane Retirement Strategies Inc. boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 98,262.0% during the second quarter. Deane Retirement Strategies Inc. now owns 225,249 shares of the company’s stock valued at $11,431,000 after acquiring an additional 225,020 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 19.3% during the first quarter. Royal Bank of Canada now owns 830,522 shares of the company’s stock valued at $42,731,000 after acquiring an additional 134,589 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 4.1%

Shares of PTLC stock opened at $55.28 on Monday. The firm has a 50-day moving average price of $54.95 and a 200 day moving average price of $52.10. Pacer Trendpilot US Large Cap ETF has a twelve month low of $46.51 and a twelve month high of $55.90. The company has a market capitalization of $3.62 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.