Pacer Trendpilot US Large Cap ETF $PTLC Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers trimmed its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 10.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,144,585 shares of the company’s stock after selling 130,247 shares during the period. Cetera Investment Advisers’ holdings in Pacer Trendpilot US Large Cap ETF were worth $58,099,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of PTLC. LPL Financial LLC raised its position in shares of Pacer Trendpilot US Large Cap ETF by 38.2% during the 1st quarter. LPL Financial LLC now owns 4,819,492 shares of the company’s stock worth $247,963,000 after purchasing an additional 1,332,310 shares during the period. Raymond James Financial Inc. grew its position in Pacer Trendpilot US Large Cap ETF by 17.5% in the 1st quarter. Raymond James Financial Inc. now owns 2,864,864 shares of the company’s stock valued at $147,397,000 after buying an additional 426,092 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Pacer Trendpilot US Large Cap ETF by 8.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,457,052 shares of the company’s stock valued at $74,965,000 after buying an additional 110,982 shares during the period. Ameriprise Financial Inc. raised its position in shares of Pacer Trendpilot US Large Cap ETF by 654.2% during the 1st quarter. Ameriprise Financial Inc. now owns 1,248,954 shares of the company’s stock worth $64,251,000 after buying an additional 1,083,347 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of Pacer Trendpilot US Large Cap ETF by 19.3% in the 1st quarter. Royal Bank of Canada now owns 830,522 shares of the company’s stock worth $42,731,000 after acquiring an additional 134,589 shares during the period.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of BATS:PTLC opened at $55.18 on Friday. The stock has a market cap of $3.61 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 12 month low of $46.51 and a 12 month high of $55.90. The stock’s 50 day moving average price is $54.95 and its 200 day moving average price is $52.08.

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.