MBL Wealth LLC Lowers Stock Holdings in Pacer Trendpilot US Mid Cap ETF $PTMC

MBL Wealth LLC decreased its position in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 8.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 212,664 shares of the company’s stock after selling 19,394 shares during the period. Pacer Trendpilot US Mid Cap ETF accounts for about 0.7% of MBL Wealth LLC’s investment portfolio, making the stock its 29th biggest position. MBL Wealth LLC owned approximately 1.69% of Pacer Trendpilot US Mid Cap ETF worth $7,616,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in PTMC. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the 1st quarter worth approximately $48,000. Assetmark Inc. raised its stake in shares of Pacer Trendpilot US Mid Cap ETF by 94.6% during the 2nd quarter. Assetmark Inc. now owns 1,806 shares of the company’s stock worth $63,000 after acquiring an additional 878 shares in the last quarter. TD Private Client Wealth LLC purchased a new stake in Pacer Trendpilot US Mid Cap ETF during the second quarter valued at approximately $105,000. Cyndeo Wealth Partners LLC purchased a new position in Pacer Trendpilot US Mid Cap ETF in the second quarter worth $204,000. Finally, Mascagni Wealth Management Inc. boosted its position in shares of Pacer Trendpilot US Mid Cap ETF by 15.3% in the 2nd quarter. Mascagni Wealth Management Inc. now owns 8,454 shares of the company’s stock worth $295,000 after purchasing an additional 1,120 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Trading Down 0.8%

BATS PTMC opened at $37.07 on Friday. The stock has a market cap of $465.17 million, a P/E ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a 12-month low of $33.39 and a 12-month high of $40.66. The company has a fifty day simple moving average of $35.95 and a two-hundred day simple moving average of $35.45.

Pacer Trendpilot US Mid Cap ETF Company Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.