Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Shares Acquired by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC grew its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,485 shares of the company’s stock after buying an additional 1,658 shares during the quarter. Pacer Trendpilot US Large Cap ETF accounts for 2.9% of Magnolia Capital Advisors LLC’s holdings, making the stock its 8th largest holding. Magnolia Capital Advisors LLC owned approximately 0.17% of Pacer Trendpilot US Large Cap ETF worth $3,956,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC increased its holdings in Pacer Trendpilot US Large Cap ETF by 0.9% during the 3rd quarter. LPL Financial LLC now owns 2,412,973 shares of the company’s stock worth $96,422,000 after purchasing an additional 22,606 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 1.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,564,584 shares of the company’s stock valued at $67,700,000 after acquiring an additional 28,562 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 12.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,154,834 shares of the company’s stock valued at $46,147,000 after acquiring an additional 125,809 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Pacer Trendpilot US Large Cap ETF by 2.6% in the 4th quarter. Raymond James & Associates now owns 725,156 shares of the company’s stock valued at $31,377,000 after acquiring an additional 18,083 shares during the last quarter. Finally, Ferguson Shapiro LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at about $30,952,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of BATS PTLC traded up $0.05 during trading hours on Wednesday, reaching $46.14. The stock had a trading volume of 119,751 shares. The stock has a market capitalization of $2.62 billion, a price-to-earnings ratio of 25.59 and a beta of 0.97. The business’s fifty day simple moving average is $46.59 and its 200-day simple moving average is $43.79.

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.