Pacer Trendpilot US Large Cap ETF $PTLC Shares Sold by Optivise Advisory Services LLC

Optivise Advisory Services LLC reduced its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 63.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,547 shares of the company’s stock after selling 20,038 shares during the quarter. Optivise Advisory Services LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $642,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PTLC. Napa Wealth Management acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the second quarter valued at $2,319,000. Forefront Wealth Partners LLC bought a new position in Pacer Trendpilot US Large Cap ETF during the third quarter valued at about $1,475,000. J.W. Cole Advisors Inc. grew its holdings in Pacer Trendpilot US Large Cap ETF by 13.4% during the second quarter. J.W. Cole Advisors Inc. now owns 197,321 shares of the company’s stock worth $10,016,000 after acquiring an additional 23,384 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in Pacer Trendpilot US Large Cap ETF by 8.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 162,752 shares of the company’s stock worth $8,261,000 after acquiring an additional 12,757 shares during the period. Finally, Pacer Advisors Inc. raised its position in Pacer Trendpilot US Large Cap ETF by 4.4% in the third quarter. Pacer Advisors Inc. now owns 227,772 shares of the company’s stock worth $12,473,000 after acquiring an additional 9,628 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 0.6%

Shares of BATS PTLC opened at $53.62 on Thursday. Pacer Trendpilot US Large Cap ETF has a twelve month low of $47.13 and a twelve month high of $56.97. The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60. The firm has a 50-day moving average of $55.53 and a two-hundred day moving average of $55.44.

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.