Cetera Investment Advisers Trims Position in Pacer Trendpilot US Mid Cap ETF $PTMC

Cetera Investment Advisers lowered its position in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 5.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 419,672 shares of the company’s stock after selling 24,430 shares during the quarter. Cetera Investment Advisers owned approximately 3.34% of Pacer Trendpilot US Mid Cap ETF worth $15,347,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Retirement Planning Group LLC purchased a new position in shares of Pacer Trendpilot US Mid Cap ETF during the 1st quarter worth $447,000. Janney Montgomery Scott LLC boosted its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 26.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 7,664 shares of the company’s stock worth $273,000 after purchasing an additional 1,587 shares during the last quarter. Bryn Mawr Trust Advisors LLC grew its position in shares of Pacer Trendpilot US Mid Cap ETF by 173.2% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 16,245 shares of the company’s stock valued at $579,000 after purchasing an additional 10,298 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the fourth quarter valued at $62,000. Finally, Concurrent Investment Advisors LLC increased its stake in Pacer Trendpilot US Mid Cap ETF by 13.2% in the fourth quarter. Concurrent Investment Advisors LLC now owns 13,054 shares of the company’s stock valued at $466,000 after purchasing an additional 1,521 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Trading Up 0.1%

Pacer Trendpilot US Mid Cap ETF stock opened at $41.20 on Wednesday. The stock has a fifty day moving average price of $40.82 and a 200 day moving average price of $39.04. Pacer Trendpilot US Mid Cap ETF has a 52 week low of $33.60 and a 52 week high of $41.87. The firm has a market capitalization of $517.06 million, a P/E ratio of 17.49 and a beta of 0.55.

Pacer Trendpilot US Mid Cap ETF 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.