Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lowered its position in Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) by 4.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,815 shares of the company’s stock after selling 1,843 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 2.45% of Pacer Trendpilot Fund of Funds ETF worth $1,376,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in TRND. LPL Financial LLC increased its stake in shares of Pacer Trendpilot Fund of Funds ETF by 68.2% in the fourth quarter. LPL Financial LLC now owns 87,640 shares of the company’s stock valued at $2,846,000 after purchasing an additional 35,536 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Pacer Trendpilot Fund of Funds ETF in the fourth quarter valued at approximately $722,000. Citadel Advisors LLC acquired a new stake in shares of Pacer Trendpilot Fund of Funds ETF in the fourth quarter valued at approximately $332,000. Commonwealth Equity Services LLC increased its stake in shares of Pacer Trendpilot Fund of Funds ETF by 1.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 537,991 shares of the company’s stock valued at $17,468,000 after purchasing an additional 10,071 shares during the period. Finally, Western Wealth Management LLC increased its stake in shares of Pacer Trendpilot Fund of Funds ETF by 18.7% in the fourth quarter. Western Wealth Management LLC now owns 12,762 shares of the company’s stock valued at $414,000 after purchasing an additional 2,013 shares during the period.

Pacer Trendpilot Fund of Funds ETF Trading Up 0.2%

Shares of NYSEARCA:TRND opened at $32.06 on Friday. The firm’s 50 day moving average is $31.15 and its two-hundred day moving average is $32.10. Pacer Trendpilot Fund of Funds ETF has a 52 week low of $30.43 and a 52 week high of $34.44. The firm has a market capitalization of $56.11 million, a P/E ratio of 15.57 and a beta of 0.48.

About Pacer Trendpilot Fund of Funds ETF

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%.