Pacer Trendpilot US Large Cap ETF $PTLC Shares Sold by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC trimmed its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 10.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,790 shares of the company’s stock after selling 4,306 shares during the period. Perennial Investment Advisors LLC owned about 0.05% of Pacer Trendpilot US Large Cap ETF worth $1,817,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PTLC. SJS Investment Consulting Inc. purchased a new position in Pacer Trendpilot US Large Cap ETF during the second quarter worth $30,000. CWM LLC increased its position in Pacer Trendpilot US Large Cap ETF by 56.3% during the 2nd quarter. CWM LLC now owns 1,857 shares of the company’s stock worth $94,000 after purchasing an additional 669 shares in the last quarter. Assetmark Inc. raised its stake in Pacer Trendpilot US Large Cap ETF by 128.8% in the 1st quarter. Assetmark Inc. now owns 2,604 shares of the company’s stock valued at $134,000 after purchasing an additional 1,466 shares during the last quarter. SouthState Corp purchased a new position in Pacer Trendpilot US Large Cap ETF in the 1st quarter valued at about $140,000. Finally, Nova Wealth Management Inc. boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 205.3% during the 1st quarter. Nova Wealth Management Inc. now owns 4,076 shares of the company’s stock worth $210,000 after purchasing an additional 2,741 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of PTLC opened at $54.71 on Tuesday. Pacer Trendpilot US Large Cap ETF has a 1 year low of $46.51 and a 1 year high of $55.90. The company’s 50 day simple moving average is $54.98 and its 200 day simple moving average is $52.14. The company has a market capitalization of $3.58 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

Pacer Trendpilot US Large Cap ETF 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.