66,125 Shares of Pacer Trendpilot Fund of Funds ETF $TRND Bought by Retirement Planning Group LLC

Retirement Planning Group LLC acquired a new position in Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 66,125 shares of the company’s stock, valued at approximately $2,426,000.

Other large investors have also recently bought and sold shares of the company. Mather Group LLC. acquired a new stake in shares of Pacer Trendpilot Fund of Funds ETF in the 3rd quarter worth approximately $1,729,000. CX Institutional acquired a new stake in Pacer Trendpilot Fund of Funds ETF in the third quarter worth approximately $30,000. Bank of America Corp DE lifted its position in Pacer Trendpilot Fund of Funds ETF by 0.3% in the first quarter. Bank of America Corp DE now owns 188,403 shares of the company’s stock worth $6,225,000 after purchasing an additional 513 shares during the period. Royal Bank of Canada lifted its position in Pacer Trendpilot Fund of Funds ETF by 1,244.1% in the first quarter. Royal Bank of Canada now owns 17,877 shares of the company’s stock worth $591,000 after purchasing an additional 16,547 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Pacer Trendpilot Fund of Funds ETF by 13.8% during the 1st quarter. Cetera Investment Advisers now owns 46,911 shares of the company’s stock valued at $1,550,000 after purchasing an additional 5,700 shares in the last quarter.

Pacer Trendpilot Fund of Funds ETF Stock Performance

Shares of NYSEARCA TRND opened at $36.38 on Wednesday. The stock has a fifty day moving average price of $37.02 and a two-hundred day moving average price of $36.44. The firm has a market cap of $61.85 million, a P/E ratio of 15.57 and a beta of 0.52. Pacer Trendpilot Fund of Funds ETF has a 1 year low of $30.59 and a 1 year high of $39.09.

Pacer Trendpilot Fund of Funds ETF Profile

The Pacer Trendpilot Fund of Funds ETF (TRND) is an exchange-traded fund that is based on the Pacer Trendpilot Fund of Funds index. TRND, a fund of funds, provides exposure to large- and mid-cap companies in developed markets including the US. Its underlying funds use momentum to toggle to cash at 50% or 100%. TRND was launched on May 3, 2019 and is managed by Pacer.