D.A. Davidson & CO. Sells 15,408 Shares of Pacer Trendpilot US Large Cap ETF $PTLC

D.A. Davidson & CO. lessened its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 42.4% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 20,972 shares of the company’s stock after selling 15,408 shares during the period. D.A. Davidson & CO.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,100,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sfmg LLC lifted its position in Pacer Trendpilot US Large Cap ETF by 2.5% during the 4th quarter. Sfmg LLC now owns 2,412,945 shares of the company’s stock worth $134,111,000 after buying an additional 59,409 shares in the last quarter. Cetera Investment Advisers increased its position in Pacer Trendpilot US Large Cap ETF by 1.5% in the 4th quarter. Cetera Investment Advisers now owns 1,453,069 shares of the company’s stock valued at $80,762,000 after acquiring an additional 20,899 shares in the last quarter. Stifel Financial Corp increased its position in Pacer Trendpilot US Large Cap ETF by 11.1% in the 4th quarter. Stifel Financial Corp now owns 465,838 shares of the company’s stock valued at $25,891,000 after acquiring an additional 46,383 shares in the last quarter. Merit Financial Group LLC raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 5,560.7% in the fourth quarter. Merit Financial Group LLC now owns 439,212 shares of the company’s stock worth $24,411,000 after acquiring an additional 431,453 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 12.9% in the fourth quarter. MML Investors Services LLC now owns 394,977 shares of the company’s stock worth $21,953,000 after acquiring an additional 45,250 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Down 0.1%

Shares of PTLC stock opened at $58.28 on Thursday. Pacer Trendpilot US Large Cap ETF has a 1 year low of $50.84 and a 1 year high of $59.15. The firm’s 50 day moving average is $58.07 and its 200-day moving average is $56.27. The firm has a market capitalization of $3.81 billion, a price-to-earnings 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.