Pacer Trendpilot US Mid Cap ETF (BATS:PTMC – Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 9,124 shares, an increase of 80.8% from the September 30th total of 5,046 shares. Based on an average daily volume of 18,413 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. lifted its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 1.3% in the first quarter. Geneos Wealth Management Inc. now owns 70,215 shares of the company’s stock worth $2,568,000 after acquiring an additional 902 shares during the last quarter. Latitude Advisors LLC acquired a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the 3rd quarter valued at approximately $39,000. Gimbal Financial boosted its stake in shares of Pacer Trendpilot US Mid Cap ETF by 11.8% in the 3rd quarter. Gimbal Financial now owns 10,418 shares of the company’s stock valued at $407,000 after purchasing an additional 1,096 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the 2nd quarter valued at approximately $56,000. Finally, Western Wealth Management LLC bought a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the 1st quarter valued at approximately $104,000.
Pacer Trendpilot US Mid Cap ETF Stock Performance
Pacer Trendpilot US Mid Cap ETF stock opened at $39.74 on Monday. Pacer Trendpilot US Mid Cap ETF has a 52 week low of $34.11 and a 52 week high of $42.61. The stock has a market capitalization of $498.74 million, a P/E ratio of 17.49 and a beta of 0.55. The stock has a fifty day moving average of $40.02 and a 200-day moving average of $39.54.
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.
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