Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Shares Purchased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. grew its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 24.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 578,426 shares of the company’s stock after buying an additional 113,657 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $25,029,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 873.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,229 shares of the company’s stock valued at $96,000 after purchasing an additional 2,000 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at about $109,000. PSI Advisors LLC boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 23.4% in the fourth quarter. PSI Advisors LLC now owns 2,924 shares of the company’s stock worth $127,000 after buying an additional 555 shares during the period. Westside Investment Management Inc. purchased a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth approximately $173,000. Finally, Avalon Trust Co acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at approximately $188,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

Pacer Trendpilot US Large Cap ETF stock traded down $0.34 during midday trading on Friday, reaching $47.97. The stock had a trading volume of 188,220 shares. The firm has a fifty day moving average of $47.04 and a two-hundred day moving average of $44.87. The firm has a market cap of $2.75 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98.

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.