Cetera Investment Advisers lessened its stake in shares of Pacer Trendpilot European Index ETF (BATS:PTEU – Free Report) by 4.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,397 shares of the company’s stock after selling 1,264 shares during the quarter. Cetera Investment Advisers owned 1.96% of Pacer Trendpilot European Index ETF worth $704,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of Pacer Trendpilot European Index ETF during the 4th quarter valued at about $1,313,000. Stifel Financial Corp boosted its holdings in Pacer Trendpilot European Index ETF by 120.2% in the 4th quarter. Stifel Financial Corp now owns 24,816 shares of the company’s stock worth $594,000 after acquiring an additional 13,544 shares during the period. Finally, Avantax Advisory Services Inc. grew its position in Pacer Trendpilot European Index ETF by 3.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 218,859 shares of the company’s stock valued at $5,240,000 after acquiring an additional 6,769 shares in the last quarter.
Pacer Trendpilot European Index ETF Stock Up 15.4%
PTEU opened at $27.91 on Monday. The firm’s 50 day moving average is $26.92 and its 200-day moving average is $26.11. Pacer Trendpilot European Index ETF has a 52-week low of $22.92 and a 52-week high of $28.72. The firm has a market capitalization of $32.10 million, a P/E ratio of 15.36 and a beta of 0.42.
Pacer Trendpilot European Index ETF Profile
The Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that is based on the Pacer Trendpilot European index. The fund tracks an index of large- and mid-cap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum.
See Also
- Five stocks we like better than Pacer Trendpilot European Index ETF
- 3 Tickers Leading a Meme Stock Revival
- This Market Sell-Off Might Trigger a Value Rotation Into Pepsi
- How to Invest in the Best Canadian Stocks
- Alphabet Stock Lags—But Waymo May Be Its Hidden Driver
- Want to Profit on the Downtrend? Downtrends, Explained.
- Trade Desk Silences Critics; Recovery Looks Poised to Continue
Receive News & Ratings for Pacer Trendpilot European Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer Trendpilot European Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.