66,767 Shares in Pacer Trendpilot Fund of Funds ETF $TRND Acquired by Retirement Planning Group LLC

Retirement Planning Group LLC bought a new position in shares of Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 66,767 shares of the company’s stock, valued at approximately $2,206,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TRND. Gaddis Premier Wealth Advisors LLC bought a new position in shares of Pacer Trendpilot Fund of Funds ETF in the fourth quarter valued at approximately $654,000. Prospera Financial Services Inc boosted its holdings in shares of Pacer Trendpilot Fund of Funds ETF by 100.0% during the 4th quarter. Prospera Financial Services Inc now owns 19,397 shares of the company’s stock worth $653,000 after buying an additional 9,700 shares during the period. Royal Bank of Canada boosted its holdings in shares of Pacer Trendpilot Fund of Funds ETF by 301.4% during the 1st quarter. Royal Bank of Canada now owns 9,735 shares of the company’s stock worth $313,000 after buying an additional 7,310 shares during the period. Raymond James Financial Inc. grew its stake in Pacer Trendpilot Fund of Funds ETF by 31.9% in the 2nd quarter. Raymond James Financial Inc. now owns 110,740 shares of the company’s stock valued at $3,537,000 after buying an additional 26,799 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in Pacer Trendpilot Fund of Funds ETF by 1.6% in the 2nd quarter. Bank of America Corp DE now owns 184,012 shares of the company’s stock valued at $5,877,000 after buying an additional 2,939 shares during the last quarter.

Pacer Trendpilot Fund of Funds ETF Price Performance

Shares of TRND opened at $36.52 on Tuesday. The company has a market capitalization of $62.08 million, a PE ratio of 15.57 and a beta of 0.52. Pacer Trendpilot Fund of Funds ETF has a one year low of $30.59 and a one year high of $38.00. The company’s fifty day moving average price is $36.58 and its 200 day moving average price is $35.11.

Pacer Trendpilot Fund of Funds ETF Profile

The Pacer Trendpilot Fund of Funds ETF (TRND) is an exchange-traded fund that is based on the Pacer Trendpilot Fund of Funds index. TRND, a fund of funds, provides exposure to large- and mid-cap companies in developed markets including the US. Its underlying funds use momentum to toggle to cash at 50% or 100%. TRND was launched on May 3, 2019 and is managed by Pacer.