Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Sets New 1-Year 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 stock traded as high as $56.91 and last traded at $56.2810, with a volume of 38069 shares. The stock had previously closed at $56.70.

Pacer Trendpilot US Large Cap ETF Stock Down 0.3%

The company has a 50-day moving average of $56.24 and a 200-day moving average of $54.90. The company has a market cap of $3.69 billion, a PE ratio of 25.78 and a beta of 0.60.

Institutional Trading of Pacer Trendpilot US Large Cap ETF

Institutional investors have recently made changes to their positions in the company. ORG Wealth Partners LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the third quarter valued at about $35,000. Wolff Wiese Magana LLC bought a new stake in Pacer Trendpilot US Large Cap ETF in the 3rd quarter worth about $40,000. Burkett Financial Services LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 3rd quarter valued at about $41,000. Ancora Advisors LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter worth approximately $57,000. Finally, CWM LLC boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 56.3% in the 2nd quarter. CWM LLC now owns 1,857 shares of the company’s stock worth $94,000 after buying an additional 669 shares during the last quarter.

About Pacer Trendpilot US Large Cap ETF

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.