Truist Financial Corp Sells 50,566 Shares of Pacer Trendpilot US Large Cap ETF $PTLC

Truist Financial Corp lessened its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 17.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 242,400 shares of the company’s stock after selling 50,566 shares during the period. Truist Financial Corp’s holdings in Pacer Trendpilot US Large Cap ETF were worth $13,274,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Napa Wealth Management acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the second quarter worth $2,319,000. Avantax Advisory Services Inc. raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 30.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 466,086 shares of the company’s stock valued at $23,659,000 after purchasing an additional 109,889 shares during the period. Allworth Financial LP lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 17.3% in the second quarter. Allworth Financial LP now owns 8,134 shares of the company’s stock valued at $413,000 after purchasing an additional 1,197 shares in the last quarter. Forefront Wealth Partners LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the third quarter worth about $1,475,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 6.2% during the second quarter. Janney Montgomery Scott LLC now owns 54,119 shares of the company’s stock worth $2,747,000 after buying an additional 3,155 shares during the period.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of Pacer Trendpilot US Large Cap ETF stock opened at $56.35 on Friday. The firm has a market cap of $3.69 billion, a PE ratio of 25.78 and a beta of 0.60. The business’s 50 day simple moving average is $56.18 and its 200 day simple moving average is $54.66. Pacer Trendpilot US Large Cap ETF has a 52-week low of $46.51 and a 52-week high of $55.90.

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.