Envestnet Asset Management Inc. Sells 71,175 Shares of Pacer Trendpilot US Large Cap ETF $PTLC

Envestnet Asset Management Inc. lowered its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 9.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 714,667 shares of the company’s stock after selling 71,175 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.09% of Pacer Trendpilot US Large Cap ETF worth $39,135,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sfmg LLC bought a new position in Pacer Trendpilot US Large Cap ETF in the 2nd quarter valued at approximately $114,079,000. CFS Investment Advisory Services LLC lifted its stake in shares of Pacer Trendpilot US Large Cap ETF by 1.3% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 2,071,644 shares of the company’s stock valued at $115,287,000 after acquiring an additional 27,592 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 21.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,335,894 shares of the company’s stock valued at $67,811,000 after acquiring an additional 231,753 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 7.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 656,302 shares of the company’s stock valued at $33,314,000 after acquiring an additional 46,306 shares in the last quarter. Finally, Avantax Advisory Services Inc. grew its position in Pacer Trendpilot US Large Cap ETF by 30.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 466,086 shares of the company’s stock worth $23,659,000 after acquiring an additional 109,889 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Down 0.3%

Shares of PTLC opened at $56.38 on Wednesday. The stock has a market cap of $3.69 billion, a PE ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 12-month low of $47.13 and a 12-month high of $56.97. The business has a 50-day simple moving average of $56.24 and a two-hundred day simple moving average of $54.90.

Pacer Trendpilot US Large Cap ETF Company 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.