Advisor Resource Council Has $646,000 Stock Position in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Advisor Resource Council reduced its position in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 26.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,678 shares of the company’s stock after selling 6,704 shares during the quarter. Advisor Resource Council’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $646,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in PTMC. MONECO Advisors LLC raised its stake in Pacer Trendpilot US Mid Cap ETF by 6.0% during the 4th quarter. MONECO Advisors LLC now owns 15,198 shares of the company’s stock worth $561,000 after buying an additional 860 shares during the period. Raymond James Financial Inc. acquired a new position in Pacer Trendpilot US Mid Cap ETF during the 4th quarter worth approximately $9,343,000. Avantax Advisory Services Inc. raised its stake in Pacer Trendpilot US Mid Cap ETF by 5.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 127,419 shares of the company’s stock worth $4,700,000 after buying an additional 6,096 shares during the period. Commonwealth Equity Services LLC increased its holdings in Pacer Trendpilot US Mid Cap ETF by 12.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 78,475 shares of the company’s stock worth $2,895,000 after purchasing an additional 8,606 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in Pacer Trendpilot US Mid Cap ETF by 9.2% during the 4th quarter. LPL Financial LLC now owns 545,835 shares of the company’s stock worth $20,136,000 after purchasing an additional 46,115 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Stock Performance

Shares of PTMC opened at $34.85 on Friday. The stock has a 50 day moving average price of $34.75 and a two-hundred day moving average price of $36.09. The firm has a market capitalization of $442.60 million, a P/E ratio of 17.54 and a beta of 0.56. Pacer Trendpilot US Mid Cap ETF has a 52 week low of $33.39 and a 52 week high of $40.66.

Pacer Trendpilot US Mid Cap ETF Company Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.