Pacer Trendpilot US Mid Cap ETF $PTMC Shares Sold by MBL Wealth LLC

MBL Wealth LLC reduced its holdings in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 8.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 212,664 shares of the company’s stock after selling 19,394 shares during the period. Pacer Trendpilot US Mid Cap ETF accounts for approximately 0.7% of MBL Wealth LLC’s investment portfolio, making the stock its 29th largest holding. MBL Wealth LLC’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $7,616,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Invenio Wealth Partners LLC purchased a new position in Pacer Trendpilot US Mid Cap ETF during the second quarter worth $9,735,000. NewEdge Advisors LLC raised its position in shares of Pacer Trendpilot US Mid Cap ETF by 93.6% in the second quarter. NewEdge Advisors LLC now owns 256,104 shares of the company’s stock valued at $8,933,000 after buying an additional 123,836 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in shares of Pacer Trendpilot US Mid Cap ETF by 128.4% during the second quarter. DAVENPORT & Co LLC now owns 72,343 shares of the company’s stock valued at $2,523,000 after buying an additional 40,673 shares during the period. Avantax Advisory Services Inc. increased its stake in Pacer Trendpilot US Mid Cap ETF by 27.9% in the second quarter. Avantax Advisory Services Inc. now owns 173,212 shares of the company’s stock valued at $6,042,000 after purchasing an additional 37,741 shares during the last quarter. Finally, Gimbal Financial lifted its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 152.3% during the 2nd quarter. Gimbal Financial now owns 47,543 shares of the company’s stock worth $1,658,000 after acquiring an additional 28,698 shares during the period.

Pacer Trendpilot US Mid Cap ETF Price Performance

BATS PTMC opened at $37.07 on Friday. Pacer Trendpilot US Mid Cap ETF has a 1-year low of $33.39 and a 1-year high of $40.66. The business’s 50-day simple moving average is $35.95 and its 200-day simple moving average is $35.45. The firm has a market capitalization of $465.17 million, a P/E ratio of 17.49 and a beta of 0.55.

About Pacer Trendpilot US Mid Cap ETF

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.