Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) Short Interest Update

Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 20,001 shares, a growth of 357.6% from the June 30th total of 4,371 shares. Based on an average daily trading volume, of 23,845 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the company are short sold.

Pacer Trendpilot US Mid Cap ETF Price Performance

Shares of Pacer Trendpilot US Mid Cap ETF stock opened at $41.17 on Tuesday. The firm has a market capitalization of $516.68 million, a PE ratio of 17.49 and a beta of 0.55. The company’s fifty day moving average price is $40.77 and its two-hundred day moving average price is $39.01. Pacer Trendpilot US Mid Cap ETF has a 52-week low of $33.60 and a 52-week high of $41.87.

Institutional Trading of Pacer Trendpilot US Mid Cap ETF

Institutional investors have recently made changes to their positions in the business. Royal Bank of Canada raised its position in Pacer Trendpilot US Mid Cap ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 127,218 shares of the company’s stock worth $4,402,000 after purchasing an additional 586 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Pacer Trendpilot US Mid Cap ETF by 34.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock valued at $65,000 after purchasing an additional 479 shares during the period. NewEdge Advisors LLC grew its stake in shares of Pacer Trendpilot US Mid Cap ETF by 93.6% in the 2nd quarter. NewEdge Advisors LLC now owns 256,104 shares of the company’s stock valued at $8,933,000 after purchasing an additional 123,836 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 2.0% in the 2nd quarter. Raymond James Financial Inc. now owns 274,482 shares of the company’s stock worth $9,574,000 after buying an additional 5,349 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 39.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 67,594 shares of the company’s stock worth $2,358,000 after buying an additional 19,196 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Company Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.