Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Sets New 52-Week High – What’s Next?

Pacer Trendpilot US Large Cap ETF (BATS:PTLC)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $59.15 and last traded at $59.12, with a volume of 62774 shares changing hands. The stock had previously closed at $58.24.

Pacer Trendpilot US Large Cap ETF Stock Up 0.0%

The firm has a market cap of $3.94 billion, a PE ratio of 25.78 and a beta of 0.60. The firm has a 50-day moving average price of $58.12 and a two-hundred day moving average price of $56.39.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PTLC. World Investment Advisors boosted its position in Pacer Trendpilot US Large Cap ETF by 1.4% during the first quarter. World Investment Advisors now owns 12,893 shares of the company’s stock worth $676,000 after acquiring an additional 184 shares during the last quarter. HBW Advisory Services LLC lifted its stake in Pacer Trendpilot US Large Cap ETF by 4.5% in the 4th quarter. HBW Advisory Services LLC now owns 5,718 shares of the company’s stock worth $318,000 after purchasing an additional 245 shares in the last quarter. Equitable Holdings Inc. lifted its stake in Pacer Trendpilot US Large Cap ETF by 1.2% in the 3rd quarter. Equitable Holdings Inc. now owns 23,391 shares of the company’s stock worth $1,281,000 after purchasing an additional 267 shares in the last quarter. Post Resch Tallon Group Inc. boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 5.5% during the 2nd quarter. Post Resch Tallon Group Inc. now owns 5,750 shares of the company’s stock worth $335,000 after purchasing an additional 300 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 9.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,849 shares of the company’s stock worth $270,000 after purchasing an additional 428 shares during the last quarter.

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.