WBI Investments LLC Trims Stake in Pacer Trendpilot US Large Cap ETF $PTLC

WBI Investments LLC cut its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 26.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,905 shares of the company’s stock after selling 16,534 shares during the period. Pacer Trendpilot US Large Cap ETF accounts for 0.6% of WBI Investments LLC’s portfolio, making the stock its 29th largest holding. WBI Investments LLC owned 0.07% of Pacer Trendpilot US Large Cap ETF worth $2,514,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of PTLC. Goldman Sachs Group Inc. grew its position in shares of Pacer Trendpilot US Large Cap ETF by 8.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 16,147 shares of the company’s stock valued at $831,000 after acquiring an additional 1,291 shares during the period. Creative Planning raised its holdings in Pacer Trendpilot US Large Cap ETF by 7.4% in the 2nd quarter. Creative Planning now owns 160,322 shares of the company’s stock worth $8,138,000 after purchasing an additional 11,089 shares during the period. Invenio Wealth Partners LLC lifted its position in Pacer Trendpilot US Large Cap ETF by 156.9% during the second quarter. Invenio Wealth Partners LLC now owns 229,067 shares of the company’s stock valued at $11,627,000 after purchasing an additional 139,900 shares in the last quarter. Sfmg LLC purchased a new position in Pacer Trendpilot US Large Cap ETF during the second quarter valued at $114,079,000. Finally, Global Retirement Partners LLC bought a new stake in Pacer Trendpilot US Large Cap ETF during the second quarter valued at about $3,146,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

BATS:PTLC opened at $54.60 on Wednesday. The stock has a 50-day simple moving average of $55.88 and a two-hundred day simple moving average of $55.44. The firm has a market capitalization of $3.57 billion, a PE ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 52-week low of $47.13 and a 52-week high of $56.97.

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.