Raymond James & Associates Acquires 357 Shares of Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND)

Raymond James & Associates grew its holdings in Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) by 1.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,373 shares of the company’s stock after acquiring an additional 357 shares during the quarter. Raymond James & Associates’ holdings in Pacer Trendpilot Fund of Funds ETF were worth $604,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. bought a new position in Pacer Trendpilot Fund of Funds ETF in the third quarter worth $525,000. Cambridge Investment Research Advisors Inc. lifted its position in Pacer Trendpilot Fund of Funds ETF by 1.4% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 47,172 shares of the company’s stock worth $1,331,000 after purchasing an additional 641 shares during the period. Finally, LPL Financial LLC lifted its position in Pacer Trendpilot Fund of Funds ETF by 192.0% in the third quarter. LPL Financial LLC now owns 140,987 shares of the company’s stock worth $3,979,000 after purchasing an additional 92,709 shares during the period.

Pacer Trendpilot Fund of Funds ETF Price Performance

Shares of TRND stock opened at $30.69 on Thursday. The stock has a market cap of $50.63 million, a P/E ratio of 20.89 and a beta of 0.72. Pacer Trendpilot Fund of Funds ETF has a one year low of $27.24 and a one year high of $31.63. The stock has a fifty day moving average price of $30.94 and a 200 day moving average price of $29.76.

Pacer Trendpilot Fund of Funds ETF Company Profile

The Pacer Trendpilot Fund of Funds ETF (TRND) is an exchange-traded fund that is based on the Pacer Trendpilot Fund of Funds index. TRND, a fund of funds, provides exposure to large- and mid-cap companies in developed markets including the US. Its underlying funds use momentum to toggle to cash at 50% or 100%.