Ade LLC Decreases Stock Holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Ade LLC reduced its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 13.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 30,312 shares of the company’s stock after selling 4,638 shares during the quarter. Pacer Trendpilot US Large Cap ETF comprises approximately 1.0% of Ade LLC’s holdings, making the stock its 21st largest holding. Ade LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,620,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Assetmark Inc. raised its stake in Pacer Trendpilot US Large Cap ETF by 1,326.7% during the third quarter. Assetmark Inc. now owns 642 shares of the company’s stock valued at $34,000 after purchasing an additional 597 shares in the last quarter. CWM LLC raised its position in shares of Pacer Trendpilot US Large Cap ETF by 32.7% during the 3rd quarter. CWM LLC now owns 1,186 shares of the company’s stock valued at $62,000 after buying an additional 292 shares in the last quarter. Centaurus Financial Inc. purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter valued at about $111,000. Eastern Bank bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the 3rd quarter valued at about $123,000. Finally, PSI Advisors LLC grew its position in Pacer Trendpilot US Large Cap ETF by 13.4% in the third quarter. PSI Advisors LLC now owns 3,804 shares of the company’s stock worth $200,000 after acquiring an additional 450 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of PTLC stock opened at $54.51 on Tuesday. The stock has a market capitalization of $3.12 billion, a P/E ratio of 26.16 and a beta of 0.98. The company’s 50-day moving average is $54.50 and its 200 day moving average is $52.48.

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.