Stifel Financial Corp Reduces Position in Pacer Trendpilot International ETF (NYSEARCA:PTIN)

Stifel Financial Corp lessened its holdings in Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 0.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,052 shares of the company’s stock after selling 370 shares during the quarter. Stifel Financial Corp owned about 0.86% of Pacer Trendpilot International ETF worth $1,424,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of Montreal Can purchased a new position in Pacer Trendpilot International ETF in the 2nd quarter worth approximately $710,000. SPC Financial Inc. grew its holdings in shares of Pacer Trendpilot International ETF by 12.2% during the 2nd quarter. SPC Financial Inc. now owns 126,088 shares of the company’s stock worth $3,646,000 after purchasing an additional 13,711 shares during the period. Concurrent Investment Advisors LLC acquired a new position in Pacer Trendpilot International ETF in the second quarter valued at about $296,000. Cambridge Investment Research Advisors Inc. increased its position in shares of Pacer Trendpilot International ETF by 11.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 73,690 shares of the company’s stock valued at $2,131,000 after acquiring an additional 7,459 shares during the last quarter. Finally, Stegent Equity Advisors Inc. purchased a new stake in shares of Pacer Trendpilot International ETF in the 3rd quarter valued at approximately $213,000.

Pacer Trendpilot International ETF Stock Performance

Shares of PTIN stock opened at $28.33 on Friday. The firm’s 50 day moving average price is $29.48 and its 200-day moving average price is $29.61. Pacer Trendpilot International ETF has a one year low of $26.36 and a one year high of $31.48. The firm has a market cap of $151.57 million, a P/E ratio of 13.83 and a beta of 0.83.

About Pacer Trendpilot International ETF

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.