Avantax Advisory Services Inc. Purchases 21,586 Shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN)

Avantax Advisory Services Inc. lifted its position in shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 45.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,948 shares of the company’s stock after acquiring an additional 21,586 shares during the period. Avantax Advisory Services Inc. owned approximately 1.29% of Pacer Trendpilot International ETF worth $1,913,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in PTIN. Raymond James Financial Inc. purchased a new stake in Pacer Trendpilot International ETF during the 4th quarter valued at $7,623,000. Pacer Advisors Inc. lifted its holdings in shares of Pacer Trendpilot International ETF by 5.6% during the fourth quarter. Pacer Advisors Inc. now owns 360,316 shares of the company’s stock valued at $9,999,000 after purchasing an additional 19,099 shares in the last quarter. SPC Financial Inc. boosted its position in shares of Pacer Trendpilot International ETF by 10.2% during the fourth quarter. SPC Financial Inc. now owns 152,726 shares of the company’s stock valued at $4,238,000 after buying an additional 14,187 shares during the last quarter. Jacobi Capital Management LLC bought a new stake in Pacer Trendpilot International ETF in the 4th quarter worth about $343,000. Finally, Freedom Investment Management Inc. raised its position in Pacer Trendpilot International ETF by 17.8% in the 3rd quarter. Freedom Investment Management Inc. now owns 19,597 shares of the company’s stock worth $606,000 after buying an additional 2,964 shares during the last quarter.

Pacer Trendpilot International ETF Stock Performance

PTIN opened at $30.57 on Tuesday. The company’s 50-day simple moving average is $29.28 and its two-hundred day simple moving average is $29.51. The stock has a market capitalization of $158.96 million, a P/E ratio of 16.64 and a beta of 0.47. Pacer Trendpilot International ETF has a 52-week low of $26.41 and a 52-week high of $31.48.

About Pacer Trendpilot International ETF

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.