Pacer Trendpilot European Index ETF $PTEU is J2 Capital Management Inc’s 9th Largest Position

J2 Capital Management Inc increased its stake in Pacer Trendpilot European Index ETF (BATS:PTEU) by 145.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 110,401 shares of the company’s stock after buying an additional 65,492 shares during the quarter. Pacer Trendpilot European Index ETF comprises 2.5% of J2 Capital Management Inc’s portfolio, making the stock its 9th largest position. J2 Capital Management Inc owned about 8.49% of Pacer Trendpilot European Index ETF worth $3,173,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC boosted its holdings in Pacer Trendpilot European Index ETF by 8.7% in the 1st quarter. LPL Financial LLC now owns 48,554 shares of the company’s stock worth $1,323,000 after acquiring an additional 3,892 shares during the period. Cetera Investment Advisers lifted its position in shares of Pacer Trendpilot European Index ETF by 4.2% during the first quarter. Cetera Investment Advisers now owns 30,617 shares of the company’s stock worth $834,000 after purchasing an additional 1,220 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in shares of Pacer Trendpilot European Index ETF in the first quarter valued at $224,000.

Pacer Trendpilot European Index ETF Trading Up 24.9%

PTEU opened at $30.20 on Thursday. The company has a fifty day simple moving average of $29.10 and a 200 day simple moving average of $28.15. The firm has a market cap of $39.26 million, a price-to-earnings ratio of 16.12 and a beta of 0.43. Pacer Trendpilot European Index ETF has a twelve month low of $22.92 and a twelve month high of $29.99.

About Pacer Trendpilot European Index ETF

The Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that is based on the Pacer Trendpilot European index. The fund tracks an index of large- and mid-cap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum.