Cwm LLC Has $39,000 Holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Cwm LLC lessened its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 41.6% in the fourth quarter, HoldingsChannel reports. The firm owned 891 shares of the company’s stock after selling 635 shares during the period. Cwm LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $39,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Private Trust Co. NA grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 8.1% in the 4th quarter. Private Trust Co. NA now owns 21,406 shares of the company’s stock valued at $926,000 after buying an additional 1,596 shares during the period. Westside Investment Management Inc. bought a new stake in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth about $173,000. Atria Investments Inc acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the third quarter worth about $5,903,000. International Assets Investment Management LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at about $19,042,000. Finally, Brookstone Capital Management increased its stake in Pacer Trendpilot US Large Cap ETF by 49.9% during the 4th quarter. Brookstone Capital Management now owns 9,854 shares of the company’s stock worth $426,000 after purchasing an additional 3,282 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of PTLC opened at $47.43 on Friday. The firm has a fifty day moving average of $46.76 and a 200 day moving average of $44.25. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 25.12 and a beta of 0.98.

Pacer Trendpilot US Large Cap ETF 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.