Envestnet Asset Management Inc. Has $48.92 Million Holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Envestnet Asset Management Inc. boosted its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 915,423 shares of the company’s stock after acquiring an additional 80,799 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $48,920,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 67.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 17,259 shares of the company’s stock worth $941,000 after purchasing an additional 6,937 shares during the last quarter. World Investment Advisors LLC bought a new position in Pacer Trendpilot US Large Cap ETF during the third quarter worth about $394,000. Synovus Financial Corp increased its position in Pacer Trendpilot US Large Cap ETF by 98.2% during the third quarter. Synovus Financial Corp now owns 10,984 shares of the company’s stock worth $577,000 after buying an additional 5,442 shares during the last quarter. International Assets Investment Management LLC bought a new stake in Pacer Trendpilot US Large Cap ETF in the fourth quarter valued at approximately $758,000. Finally, EWG Elevate Inc. raised its stake in Pacer Trendpilot US Large Cap ETF by 6.9% in the fourth quarter. EWG Elevate Inc. now owns 27,900 shares of the company’s stock valued at $1,491,000 after buying an additional 1,804 shares during the period.

Pacer Trendpilot US Large Cap ETF Trading Down 8.6 %

Shares of BATS PTLC opened at $48.55 on Friday. The company has a market capitalization of $3.20 billion, a P/E ratio of 25.17 and a beta of 0.57. Pacer Trendpilot US Large Cap ETF has a 12 month low of $45.07 and a 12 month high of $55.90. The stock has a 50 day moving average of $52.49 and a 200-day moving average of $53.46.

About Pacer Trendpilot US Large Cap ETF

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.