Redhawk Wealth Advisors Inc. Boosts Stock Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Redhawk Wealth Advisors Inc. increased its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 22.9% in the first quarter, HoldingsChannel reports. The firm owned 6,784 shares of the company’s stock after buying an additional 1,266 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $349,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC grew its holdings in Pacer Trendpilot US Large Cap ETF by 2,260.0% in the 4th quarter. Aptus Capital Advisors LLC now owns 590 shares of the company’s stock valued at $32,000 after buying an additional 565 shares during the period. Principal Securities Inc. purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $36,000. Assetmark Inc. grew its holdings in Pacer Trendpilot US Large Cap ETF by 77.3% in the 4th quarter. Assetmark Inc. now owns 1,138 shares of the company’s stock valued at $61,000 after buying an additional 496 shares during the period. Empowered Funds LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $96,000. Finally, Farther Finance Advisors LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $150,000.

Pacer Trendpilot US Large Cap ETF Price Performance

PTLC opened at $49.23 on Thursday. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of 23.54 and a beta of 0.60. The business has a 50-day moving average of $48.58 and a two-hundred day moving average of $52.06. Pacer Trendpilot US Large Cap ETF has a 12 month low of $46.51 and a 12 month high of $55.90.

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.