Ameriflex Group Inc. Trims Stake in Pacer Trendpilot US Large Cap ETF $PTLC

Ameriflex Group Inc. cut its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 44.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,516 shares of the company’s stock after selling 2,803 shares during the period. Ameriflex Group Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $177,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Golden State Wealth Management LLC increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 8.5% in the 1st quarter. Golden State Wealth Management LLC now owns 8,025 shares of the company’s stock worth $413,000 after purchasing an additional 629 shares in the last quarter. Sheets Smith Wealth Management grew its holdings in Pacer Trendpilot US Large Cap ETF by 3.0% during the second quarter. Sheets Smith Wealth Management now owns 30,095 shares of the company’s stock valued at $1,528,000 after purchasing an additional 890 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in Pacer Trendpilot US Large Cap ETF by 19.0% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 33,198 shares of the company’s stock worth $1,708,000 after buying an additional 5,310 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 1.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 205,833 shares of the company’s stock worth $10,590,000 after buying an additional 2,355 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in shares of Pacer Trendpilot US Large Cap ETF by 8.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 16,147 shares of the company’s stock valued at $831,000 after buying an additional 1,291 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 3.6%

Shares of BATS:PTLC opened at $55.03 on Friday. The stock has a 50 day moving average of $53.22 and a 200 day moving average of $50.88. The company has a market cap of $3.60 billion, a PE ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 12-month low of $46.51 and a 12-month 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.