NewEdge Advisors LLC Has $6.97 Million Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

NewEdge Advisors LLC boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 1.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 130,397 shares of the company’s stock after acquiring an additional 2,382 shares during the period. NewEdge Advisors LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $6,968,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at $130,328,000. LPL Financial LLC increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 7.7% in the fourth quarter. LPL Financial LLC now owns 3,487,182 shares of the company’s stock worth $186,355,000 after acquiring an additional 249,210 shares in the last quarter. Brookstone Capital Management raised its position in shares of Pacer Trendpilot US Large Cap ETF by 1,176.6% during the fourth quarter. Brookstone Capital Management now owns 230,222 shares of the company’s stock worth $12,303,000 after purchasing an additional 212,188 shares during the period. Ferguson Shapiro LLC lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 12.9% during the 4th quarter. Ferguson Shapiro LLC now owns 1,317,921 shares of the company’s stock valued at $70,430,000 after purchasing an additional 150,684 shares in the last quarter. Finally, MY Wealth Management Inc. acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at approximately $7,553,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of PTLC stock opened at $48.61 on Friday. Pacer Trendpilot US Large Cap ETF has a 52 week low of $45.07 and a 52 week high of $55.90. The company’s 50 day moving average price is $51.71 and its two-hundred day moving average price is $53.30. The company has a market capitalization of $3.08 billion, a P/E ratio of 23.52 and a beta of 0.53.

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.