Invenio Wealth Partners LLC Makes New Investment in Pacer Trendpilot US Mid Cap ETF $PTMC

Invenio Wealth Partners LLC bought a new stake in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 279,114 shares of the company’s stock, valued at approximately $9,735,000. Pacer Trendpilot US Mid Cap ETF accounts for approximately 3.9% of Invenio Wealth Partners LLC’s portfolio, making the stock its 8th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Financial Partners Ltd. increased its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 3.5% in the 2nd quarter. Strategic Financial Partners Ltd. now owns 10,441 shares of the company’s stock valued at $364,000 after purchasing an additional 350 shares in the last quarter. Private Advisor Group LLC grew its position in Pacer Trendpilot US Mid Cap ETF by 2.8% during the first quarter. Private Advisor Group LLC now owns 16,463 shares of the company’s stock worth $570,000 after buying an additional 453 shares during the period. Whitaker Myers Wealth Managers LTD. grew its position in Pacer Trendpilot US Mid Cap ETF by 1.5% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 36,251 shares of the company’s stock worth $1,264,000 after buying an additional 546 shares during the period. Royal Bank of Canada increased its holdings in Pacer Trendpilot US Mid Cap ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 127,218 shares of the company’s stock valued at $4,402,000 after buying an additional 586 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in Pacer Trendpilot US Mid Cap ETF by 94.6% in the second quarter. Assetmark Inc. now owns 1,806 shares of the company’s stock valued at $63,000 after buying an additional 878 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Trading Down 7.6%

PTMC stock opened at $34.55 on Tuesday. The firm has a 50 day moving average of $35.70 and a 200-day moving average of $35.17. The company has a market cap of $433.55 million, a price-to-earnings ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a 12-month low of $33.39 and a 12-month high of $40.66.

Pacer Trendpilot US Mid Cap ETF Company Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.