Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Stock Short Interest Declines 73.2%

Pacer Trendpilot US Large Cap ETF (BATS:PTLC) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 9,860 shares, a decrease of 73.2% from the August 31st total of 36,847 shares. Based on an average daily trading volume, of 72,740 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Pacer Trendpilot US Large Cap ETF Stock Up 0.5%

BATS:PTLC opened at $60.25 on Friday. The business’s 50-day simple moving average is $59.41 and its two-hundred day simple moving average is $57.40. Pacer Trendpilot US Large Cap ETF has a 52 week low of $51.58 and a 52 week high of $60.75. The stock has a market cap of $3.94 billion, a PE ratio of 25.78 and a beta of 0.60.

Institutional Trading of Pacer Trendpilot US Large Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its holdings in Pacer Trendpilot US Large Cap ETF by 1.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 661,431 shares of the company’s stock worth $38,535,000 after purchasing an additional 9,679 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in Pacer Trendpilot US Large Cap ETF by 1.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 35,845 shares of the company’s stock valued at $2,088,000 after buying an additional 661 shares in the last quarter. IFP Advisors Inc raised its position in shares of Pacer Trendpilot US Large Cap ETF by 5.2% during the second quarter. IFP Advisors Inc now owns 31,336 shares of the company’s stock valued at $1,826,000 after buying an additional 1,546 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of Pacer Trendpilot US Large Cap ETF by 8.8% during the second quarter. Baird Financial Group Inc. now owns 8,595 shares of the company’s stock valued at $501,000 after buying an additional 695 shares during the last quarter. Finally, Citadel Advisors LLC lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 179.2% in the second quarter. Citadel Advisors LLC now owns 187,311 shares of the company’s stock worth $10,913,000 after buying an additional 120,232 shares in the last quarter.

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.