Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC decreased its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,693 shares of the company’s stock after selling 581 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,640,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of PTLC. Raymond James Financial Inc. purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $130,328,000. Brookstone Capital Management raised its holdings in Pacer Trendpilot US Large Cap ETF by 1,176.6% in the 4th quarter. Brookstone Capital Management now owns 230,222 shares of the company’s stock valued at $12,303,000 after buying an additional 212,188 shares during the period. LPL Financial LLC raised its holdings in Pacer Trendpilot US Large Cap ETF by 6.8% in the 3rd quarter. LPL Financial LLC now owns 3,237,972 shares of the company’s stock valued at $170,155,000 after buying an additional 204,965 shares during the period. Ferguson Shapiro LLC raised its holdings in Pacer Trendpilot US Large Cap ETF by 12.9% in the 4th quarter. Ferguson Shapiro LLC now owns 1,317,921 shares of the company’s stock valued at $70,430,000 after buying an additional 150,684 shares during the period. Finally, Prospera Private Wealth LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 3rd quarter valued at about $7,769,000.

Pacer Trendpilot US Large Cap ETF Trading Down 2.8 %

Shares of PTLC opened at $51.65 on Thursday. The firm has a market cap of $3.34 billion, a P/E ratio of 25.52 and a beta of 0.57. Pacer Trendpilot US Large Cap ETF has a 12-month low of $45.07 and a 12-month high of $55.90. The company’s 50-day moving average price is $53.94 and its 200 day moving average price is $53.58.

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.