Freedom Investment Management Inc. Has $507,000 Stock Holdings in Pacer Trendpilot International ETF (NYSEARCA:PTIN)

Freedom Investment Management Inc. reduced its position in shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,260 shares of the company’s stock after selling 1,337 shares during the period. Freedom Investment Management Inc. owned approximately 0.34% of Pacer Trendpilot International ETF worth $507,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PTIN. LPL Financial LLC lifted its stake in Pacer Trendpilot International ETF by 3.1% in the 4th quarter. LPL Financial LLC now owns 504,107 shares of the company’s stock valued at $13,989,000 after purchasing an additional 15,053 shares during the last quarter. Wells Fargo & Company MN grew its position in Pacer Trendpilot International ETF by 7.8% during the 4th quarter. Wells Fargo & Company MN now owns 409,556 shares of the company’s stock worth $11,365,000 after acquiring an additional 29,797 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Pacer Trendpilot International ETF by 5.6% in the 4th quarter. Pacer Advisors Inc. now owns 360,316 shares of the company’s stock worth $9,999,000 after purchasing an additional 19,099 shares in the last quarter. Raymond James Financial Inc. bought a new position in Pacer Trendpilot International ETF in the fourth quarter valued at about $7,623,000. Finally, SPC Financial Inc. boosted its stake in shares of Pacer Trendpilot International ETF by 10.2% during the fourth quarter. SPC Financial Inc. now owns 152,726 shares of the company’s stock valued at $4,238,000 after purchasing an additional 14,187 shares in the last quarter.

Pacer Trendpilot International ETF Price Performance

Shares of NYSEARCA PTIN opened at $27.52 on Monday. The company has a 50 day simple moving average of $29.34 and a 200 day simple moving average of $29.21. Pacer Trendpilot International ETF has a 1 year low of $26.14 and a 1 year high of $31.48. The firm has a market cap of $143.10 million, a PE ratio of 16.27 and a beta of 0.48.

Pacer Trendpilot International ETF Profile

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.