Clark Asset Management LLC Invests $610,000 in Pacer Trendpilot US Large Cap ETF $PTLC

Clark Asset Management LLC bought a new position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,633 shares of the company’s stock, valued at approximately $610,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. World Investment Advisors boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 12.5% in the 4th quarter. World Investment Advisors now owns 12,709 shares of the company’s stock valued at $706,000 after purchasing an additional 1,417 shares during the period. Sankala Group LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth about $77,000. Mercer Global Advisors Inc. ADV raised its holdings in Pacer Trendpilot US Large Cap ETF by 9.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,849 shares of the company’s stock worth $270,000 after buying an additional 428 shares during the period. Wealthspire Retirement LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at about $322,000. Finally, NewEdge Advisors LLC increased its position in shares of Pacer Trendpilot US Large Cap ETF by 33.7% in the fourth quarter. NewEdge Advisors LLC now owns 394,075 shares of the company’s stock worth $21,903,000 after acquiring an additional 99,398 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Price Performance

PTLC stock opened at $58.28 on Monday. Pacer Trendpilot US Large Cap ETF has a 52-week low of $48.62 and a 52-week high of $59.15. The company’s 50 day simple moving average is $56.91 and its 200-day simple moving average is $55.96. The firm has a market capitalization of $3.81 billion, a P/E ratio of 25.78 and a beta of 0.60.

About Pacer Trendpilot US Large Cap ETF

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.