Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Reaches New 1-Year High – Here’s What Happened

Pacer Trendpilot US Large Cap ETF (BATS:PTLC) hit a new 52-week high during trading on Thursday . The stock traded as high as $60.68 and last traded at $60.67, with a volume of 13383 shares trading hands. The stock had previously closed at $60.22.

Pacer Trendpilot US Large Cap ETF Price Performance

The firm’s 50-day simple moving average is $58.38 and its two-hundred day simple moving average is $56.62. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

Institutional Investors Weigh In On Pacer Trendpilot US Large Cap ETF

Several institutional investors have recently modified their holdings of the company. Ancora Advisors LLC purchased a new position in Pacer Trendpilot US Large Cap ETF in the 3rd quarter valued at approximately $57,000. Sankala Group LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter worth $77,000. Realta Investment Advisors boosted its position in Pacer Trendpilot US Large Cap ETF by 179.9% during the first quarter. Realta Investment Advisors now owns 1,528 shares of the company’s stock worth $80,000 after purchasing an additional 982 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at $136,000. Finally, Benjamin Edwards Inc. acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter worth $208,000.

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.