Invenio Wealth Partners LLC Acquires Shares of 52,412 Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Invenio Wealth Partners LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the fourth quarter, Holdings Channel reports. The firm bought 52,412 shares of the company’s stock, valued at approximately $2,801,000. Pacer Trendpilot US Large Cap ETF accounts for 1.2% of Invenio Wealth Partners LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its position in shares of Pacer Trendpilot US Large Cap ETF by 1.8% in the fourth quarter. Private Trust Co. NA now owns 22,810 shares of the company’s stock worth $1,219,000 after buying an additional 400 shares in the last quarter. Assetmark Inc. increased its stake 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 worth $61,000 after acquiring an additional 496 shares during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of Pacer Trendpilot US Large Cap ETF by 5.1% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 10,389 shares of the company’s stock valued at $555,000 after acquiring an additional 500 shares in the last quarter. Gimbal Financial boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 0.8% during the 4th quarter. Gimbal Financial now owns 70,027 shares of the company’s stock valued at $3,742,000 after acquiring an additional 556 shares during the last quarter. Finally, IFP Advisors Inc boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 23.9% during the 4th quarter. IFP Advisors Inc now owns 3,214 shares of the company’s stock valued at $172,000 after acquiring an additional 620 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Down 3.2 %

PTLC stock opened at $51.42 on Tuesday. The company’s 50 day moving average is $53.62 and its 200 day moving average is $53.67. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 25.17 and a beta of 0.57. Pacer Trendpilot US Large Cap ETF has a 1-year low of $45.07 and a 1-year 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.