Synovus Financial Corp Sells 5,444 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Synovus Financial Corp cut its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 49.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,540 shares of the company’s stock after selling 5,444 shares during the quarter. Synovus Financial Corp’s holdings in Pacer Trendpilot US Large Cap ETF were worth $296,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 16.2% during the 4th quarter. Park Avenue Securities LLC now owns 5,391 shares of the company’s stock worth $288,000 after acquiring an additional 750 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at $400,000. Empowered Funds LLC bought a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth about $96,000. Principal Securities Inc. acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter worth about $36,000. Finally, Assetmark Inc. grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 77.3% in the 4th quarter. Assetmark Inc. now owns 1,138 shares of the company’s stock valued at $61,000 after acquiring an additional 496 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

BATS:PTLC opened at $48.61 on Friday. Pacer Trendpilot US Large Cap ETF has a 52-week low of $45.07 and a 52-week high of $55.90. The company has a market cap of $3.08 billion, a P/E ratio of 23.52 and a beta of 0.53. The stock’s 50-day simple moving average is $51.71 and its 200 day simple moving average is $53.30.

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.