Inspire Advisors LLC Sells 3,602 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Inspire Advisors LLC cut its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 36.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,329 shares of the company’s stock after selling 3,602 shares during the quarter. Inspire Advisors LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $338,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. StoneX Group Inc. increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 1.2% during the third quarter. StoneX Group Inc. now owns 18,501 shares of the company’s stock valued at $972,000 after acquiring an additional 217 shares in the last quarter. Private Trust Co. NA boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 1.8% during the fourth quarter. Private Trust Co. NA now owns 22,810 shares of the company’s stock valued at $1,219,000 after buying an additional 400 shares during the last quarter. Assetmark Inc. boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 77.3% during the fourth quarter. Assetmark Inc. now owns 1,138 shares of the company’s stock valued at $61,000 after buying an additional 496 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 5.1% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 10,389 shares of the company’s stock valued at $555,000 after buying an additional 500 shares during the last quarter. Finally, Gimbal Financial boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 0.8% during the fourth quarter. Gimbal Financial now owns 70,027 shares of the company’s stock valued at $3,742,000 after buying an additional 556 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Price Performance

Pacer Trendpilot US Large Cap ETF stock opened at $50.97 on Thursday. The stock has a market capitalization of $3.30 billion, a PE ratio of 25.52 and a beta of 0.57. The firm’s 50 day simple moving average is $54.24 and its two-hundred day simple moving average is $53.59.

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.