CFS Investment Advisory Services LLC Cuts Stake in Pacer Trendpilot US Large Cap ETF $PTLC

CFS Investment Advisory Services LLC cut its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 1.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,034,543 shares of the company’s stock after selling 34,888 shares during the period. Pacer Trendpilot US Large Cap ETF makes up 7.9% of CFS Investment Advisory Services LLC’s investment portfolio, making the stock its biggest holding. CFS Investment Advisory Services LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $112,490,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of PTLC. World Investment Advisors increased its position in Pacer Trendpilot US Large Cap ETF by 1.4% during the first quarter. World Investment Advisors now owns 12,893 shares of the company’s stock worth $676,000 after buying an additional 184 shares during the last quarter. HBW Advisory Services LLC lifted its position in shares of Pacer Trendpilot US Large Cap ETF by 4.5% in the fourth quarter. HBW Advisory Services LLC now owns 5,718 shares of the company’s stock worth $318,000 after buying an additional 245 shares during the last quarter. Equitable Holdings Inc. boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 1.2% during the 3rd quarter. Equitable Holdings Inc. now owns 23,391 shares of the company’s stock worth $1,281,000 after acquiring an additional 267 shares in the last quarter. Kinloch Capital LLC boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 6.5% during the 3rd quarter. Kinloch Capital LLC now owns 4,754 shares of the company’s stock worth $260,000 after acquiring an additional 290 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in shares of 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 acquiring an additional 428 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of BATS PTLC opened at $58.17 on Thursday. The business’s 50-day simple moving average is $57.72 and its 200-day simple moving average is $56.13. Pacer Trendpilot US Large Cap ETF has a 52 week low of $50.75 and a 52 week high of $59.15. The firm has a market cap 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.