Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lowered its stake in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 7.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,914 shares of the company’s stock after selling 1,161 shares during the period. Kestra Private Wealth Services LLC’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $457,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of PTMC. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 4.8% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 124,644 shares of the company’s stock worth $3,933,000 after acquiring an additional 5,684 shares during the last quarter. Stratos Wealth Partners LTD. purchased a new position in Pacer Trendpilot US Mid Cap ETF in the 3rd quarter worth about $206,000. DecisionPoint Financial LLC acquired a new stake in Pacer Trendpilot US Mid Cap ETF during the 3rd quarter worth about $48,000. Magnolia Capital Advisors LLC lifted its stake in Pacer Trendpilot US Mid Cap ETF by 4.0% during the third quarter. Magnolia Capital Advisors LLC now owns 45,837 shares of the company’s stock valued at $1,403,000 after buying an additional 1,760 shares in the last quarter. Finally, MONECO Advisors LLC boosted its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 7.8% in the third quarter. MONECO Advisors LLC now owns 17,225 shares of the company’s stock worth $543,000 after buying an additional 1,251 shares during the period.

Pacer Trendpilot US Mid Cap ETF Price Performance

PTMC stock opened at $35.16 on Tuesday. The firm has a market capitalization of $399.07 million, a P/E ratio of 14.69 and a beta of 0.79. Pacer Trendpilot US Mid Cap ETF has a 52-week low of $27.10 and a 52-week high of $32.86. The company’s 50 day simple moving average is $34.74 and its 200-day simple moving average is $32.98.

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.