Eastern Bank Makes New Investment in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Eastern Bank purchased a new stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,340 shares of the company’s stock, valued at approximately $123,000.

Other hedge funds have also modified their holdings of the company. Ridgewood Investments LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 2nd quarter valued at approximately $40,000. Larson Financial Group LLC lifted its stake in Pacer Trendpilot US Large Cap ETF by 124.3% during the second quarter. Larson Financial Group LLC now owns 830 shares of the company’s stock worth $41,000 after purchasing an additional 460 shares in the last quarter. CWM LLC boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 32.7% during the third quarter. CWM LLC now owns 1,186 shares of the company’s stock worth $62,000 after buying an additional 292 shares during the period. Centaurus Financial Inc. acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the second quarter valued at $111,000. Finally, Cambridge Trust Co. purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 1st quarter valued at $112,000.

Pacer Trendpilot US Large Cap ETF Stock Up 0.2 %

Shares of Pacer Trendpilot US Large Cap ETF stock opened at $53.06 on Friday. The stock has a market cap of $3.04 billion, a PE ratio of 26.16 and a beta of 0.98. The firm’s 50 day moving average price is $51.83 and its 200-day moving average price is $49.71.

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.