D.A. Davidson & CO. Trims Stock Position in Pacer Trendpilot US Large Cap ETF $PTLC

D.A. Davidson & CO. trimmed its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 22.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,328 shares of the company’s stock after selling 9,950 shares during the period. D.A. Davidson & CO. owned 0.05% of Pacer Trendpilot US Large Cap ETF worth $1,935,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of PTLC. Welch Group LLC boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 1.2% in the third quarter. Welch Group LLC now owns 16,565 shares of the company’s stock worth $907,000 after acquiring an additional 195 shares during the last quarter. Prospera Financial Services Inc boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 1.0% in the 2nd quarter. Prospera Financial Services Inc now owns 22,095 shares of the company’s stock valued at $1,122,000 after purchasing an additional 223 shares during the last quarter. Lunt Capital Management Inc. grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 0.6% during the 2nd quarter. Lunt Capital Management Inc. now owns 43,390 shares of the company’s stock valued at $2,202,000 after buying an additional 262 shares during the period. Heritage Wealth Management Inc. grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 7.6% during the 2nd quarter. Heritage Wealth Management Inc. now owns 4,225 shares of the company’s stock valued at $214,000 after buying an additional 300 shares during the period. Finally, EWG Elevate Inc. increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 1.1% during the 2nd quarter. EWG Elevate Inc. now owns 47,593 shares of the company’s stock worth $2,416,000 after buying an additional 538 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Down 0.2%

Shares of Pacer Trendpilot US Large Cap ETF stock opened at $56.60 on Friday. The business’s fifty day moving average price is $55.83 and its 200 day moving average price is $54.06. Pacer Trendpilot US Large Cap ETF has a twelve month low of $46.51 and a twelve month high of $55.90. The stock has a market capitalization of $3.70 billion, a P/E ratio of 25.78 and a beta of 0.60.

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.