Envestnet Asset Management Inc. Sells 6,868 Shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Envestnet Asset Management Inc. decreased its position in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC – Get Rating) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 90,493 shares of the company’s stock after selling 6,868 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $2,824,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in PTMC. Geneos Wealth Management Inc. grew its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 15.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 5,288 shares of the company’s stock valued at $165,000 after buying an additional 688 shares during the last quarter. MML Investors Services LLC purchased a new position in shares of Pacer Trendpilot US Mid Cap ETF during the 3rd quarter worth $317,000. Eqis Capital Management Inc. boosted its stake in shares of Pacer Trendpilot US Mid Cap ETF by 17.0% during the 1st quarter. Eqis Capital Management Inc. now owns 9,424 shares of the company’s stock worth $325,000 after acquiring an additional 1,372 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the 1st quarter valued at $330,000. Finally, Cetera Investment Advisers bought a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the 1st quarter valued at $369,000.

Pacer Trendpilot US Mid Cap ETF Price Performance

Shares of PTMC stock opened at $31.76 on Thursday. The company has a market capitalization of $379.53 million, a price-to-earnings ratio of 12.98 and a beta of 0.36. Pacer Trendpilot US Mid Cap ETF has a one year low of $27.10 and a one year high of $32.86. The company’s fifty day moving average price is $31.73 and its 200-day moving average price is $32.40.

Pacer Trendpilot US Mid Cap ETF Company Profile

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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.