Freedom Investment Management Inc. Has $1.12 Million Position in Pacer Trendpilot US Large Cap ETF $PTLC

Freedom Investment Management Inc. grew its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 5.4% in the second quarter, Holdings Channel reports. The institutional investor owned 22,070 shares of the company’s stock after purchasing an additional 1,126 shares during the period. Freedom Investment Management Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,120,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new position in Pacer Trendpilot US Large Cap ETF in the first quarter worth about $2,622,000. Oppenheimer & Co. Inc. raised its position in Pacer Trendpilot US Large Cap ETF by 1.5% in the first quarter. Oppenheimer & Co. Inc. now owns 28,629 shares of the company’s stock worth $1,473,000 after purchasing an additional 436 shares in the last quarter. Golden State Wealth Management LLC raised its position in Pacer Trendpilot US Large Cap ETF by 117.0% in the first quarter. Golden State Wealth Management LLC now owns 16,048 shares of the company’s stock worth $826,000 after purchasing an additional 8,652 shares in the last quarter. Creative Financial Designs Inc. ADV raised its position in Pacer Trendpilot US Large Cap ETF by 7.5% in the first quarter. Creative Financial Designs Inc. ADV now owns 42,561 shares of the company’s stock worth $2,190,000 after purchasing an additional 2,972 shares in the last quarter. Finally, Western Wealth Management LLC raised its position in Pacer Trendpilot US Large Cap ETF by 6.2% in the first quarter. Western Wealth Management LLC now owns 14,847 shares of the company’s stock worth $764,000 after purchasing an additional 863 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Up 4.0%

BATS:PTLC opened at $55.23 on Friday. Pacer Trendpilot US Large Cap ETF has a 12-month low of $46.51 and a 12-month high of $55.90. The firm has a market capitalization of $3.61 billion, a PE ratio of 25.78 and a beta of 0.60. The firm has a 50-day moving average price of $53.98 and a 200 day moving average price of $51.23.

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.