Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 6.8% during the second quarter, HoldingsChannel.com reports. The fund owned 450,564 shares of the company’s stock after acquiring an additional 28,521 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $22,420,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Cetera Investment Advisers lifted its stake in Pacer Trendpilot US Large Cap ETF by 796.2% in the 1st quarter. Cetera Investment Advisers now owns 981,214 shares of the company’s stock valued at $46,824,000 after buying an additional 871,732 shares in the last quarter. Koss Olinger Consulting LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 2nd quarter valued at approximately $29,792,000. Cetera Advisor Networks LLC lifted its stake in Pacer Trendpilot US Large Cap ETF by 32.0% in the 1st quarter. Cetera Advisor Networks LLC now owns 546,647 shares of the company’s stock valued at $26,086,000 after buying an additional 132,643 shares in the last quarter. ORG Partners LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF in the 2nd quarter valued at approximately $6,347,000. Finally, Commonwealth Equity Services LLC lifted its stake in Pacer Trendpilot US Large Cap ETF by 5.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,258,345 shares of the company’s stock valued at $60,048,000 after buying an additional 64,831 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 0.4 %

PTLC stock opened at $52.55 on Tuesday. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98. The company has a 50-day moving average of $50.50 and a 200 day moving average of $49.04.

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.