Pacer Advisors Inc. Lowers Stake in Pacer Trendpilot US Mid Cap ETF $PTMC

Pacer Advisors Inc. lowered its holdings in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 8.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,452 shares of the company’s stock after selling 26,456 shares during the period. Pacer Advisors Inc.’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $10,681,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PTMC. Royal Bank of Canada grew its holdings in Pacer Trendpilot US Mid Cap ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 127,218 shares of the company’s stock worth $4,402,000 after purchasing an additional 586 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Pacer Trendpilot US Mid Cap ETF by 34.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock worth $65,000 after buying an additional 479 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Pacer Trendpilot US Mid Cap ETF by 93.6% in the 2nd quarter. NewEdge Advisors LLC now owns 256,104 shares of the company’s stock worth $8,933,000 after buying an additional 123,836 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Pacer Trendpilot US Mid Cap ETF by 2.0% in the 2nd quarter. Raymond James Financial Inc. now owns 274,482 shares of the company’s stock worth $9,574,000 after buying an additional 5,349 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in Pacer Trendpilot US Mid Cap ETF by 39.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 67,594 shares of the company’s stock valued at $2,358,000 after buying an additional 19,196 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Stock Performance

Shares of BATS:PTMC opened at $41.15 on Monday. The stock has a fifty day simple moving average of $39.83 and a two-hundred day simple moving average of $38.18. The stock has a market capitalization of $516.43 million, a price-to-earnings ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a 12-month low of $33.60 and a 12-month high of $41.75.

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.