Raymond James & Associates Sells 966 Shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Raymond James & Associates reduced its position in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 1.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 51,947 shares of the company’s stock after selling 966 shares during the quarter. Raymond James & Associates’ holdings in Pacer Trendpilot US Mid Cap ETF were worth $1,707,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. DecisionPoint Financial LLC bought a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the 3rd quarter valued at about $48,000. Comerica Bank purchased a new position in shares of Pacer Trendpilot US Mid Cap ETF in the 3rd quarter valued at approximately $90,000. Stratos Wealth Partners LTD. purchased a new position in shares of Pacer Trendpilot US Mid Cap ETF in the 3rd quarter valued at approximately $206,000. Cetera Investment Advisers raised its position in shares of Pacer Trendpilot US Mid Cap ETF by 6.8% in the 1st quarter. Cetera Investment Advisers now owns 9,397 shares of the company’s stock valued at $298,000 after purchasing an additional 601 shares during the last quarter. Finally, Eqis Capital Management Inc. raised its position in shares of Pacer Trendpilot US Mid Cap ETF by 17.0% in the 1st quarter. Eqis Capital Management Inc. now owns 9,424 shares of the company’s stock valued at $325,000 after purchasing an additional 1,372 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Stock Down 0.7 %

Shares of Pacer Trendpilot US Mid Cap ETF stock opened at $33.53 on Thursday. The firm has a market capitalization of $380.57 million, a P/E ratio of 14.95 and a beta of 0.80. The company has a 50 day moving average price of $34.53 and a 200 day moving average price of $32.70. Pacer Trendpilot US Mid Cap ETF has a 52 week low of $27.10 and a 52 week high of $32.86.

Pacer Trendpilot US Mid Cap ETF Company Profile

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.