First Horizon Advisors Inc. Invests $169,000 in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

First Horizon Advisors Inc. purchased a new stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) in the fourth quarter, HoldingsChannel reports. The firm purchased 3,161 shares of the company’s stock, valued at approximately $169,000.

Several other institutional investors have also recently bought and sold shares of the stock. MONECO Advisors LLC boosted its position in Pacer Trendpilot US Large Cap ETF by 11.2% in the 3rd quarter. MONECO Advisors LLC now owns 168,227 shares of the company’s stock valued at $8,840,000 after buying an additional 16,901 shares during the last quarter. Tyche Wealth Partners LLC increased its position in Pacer Trendpilot US Large Cap ETF by 2.2% in the third quarter. Tyche Wealth Partners LLC now owns 218,955 shares of the company’s stock worth $11,506,000 after purchasing an additional 4,793 shares during the period. Gimbal Financial raised its holdings in Pacer Trendpilot US Large Cap ETF by 8.1% during the 3rd quarter. Gimbal Financial now owns 69,471 shares of the company’s stock worth $3,686,000 after purchasing an additional 5,213 shares during the last quarter. Financial Advocates Investment Management lifted its position in Pacer Trendpilot US Large Cap ETF by 4.3% during the 3rd quarter. Financial Advocates Investment Management now owns 108,716 shares of the company’s stock valued at $5,618,000 after purchasing an additional 4,436 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its position in Pacer Trendpilot US Large Cap ETF by 2.2% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 35,635 shares of the company’s stock valued at $1,873,000 after purchasing an additional 769 shares during the period.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of BATS:PTLC opened at $54.19 on Wednesday. The firm has a market cap of $3.49 billion, a PE ratio of 27.36 and a beta of 0.59. The business’s 50 day simple moving average is $54.60 and its 200 day simple moving average is $53.44.

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.