Jane Street Group LLC Sells 252,170 Shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Jane Street Group LLC lessened its holdings in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 88.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,635 shares of the company’s stock after selling 252,170 shares during the period. Jane Street Group LLC’s holdings in Pacer Trendpilot US Bond ETF were worth $653,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Valmark Advisers Inc. purchased a new position in Pacer Trendpilot US Bond ETF during the 3rd quarter valued at about $224,000. Freedom Investment Management Inc. increased its stake in shares of Pacer Trendpilot US Bond ETF by 68.8% during the third quarter. Freedom Investment Management Inc. now owns 16,846 shares of the company’s stock valued at $348,000 after purchasing an additional 6,864 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Pacer Trendpilot US Bond ETF by 28.7% during the third quarter. Stifel Financial Corp now owns 25,666 shares of the company’s stock valued at $529,000 after purchasing an additional 5,725 shares during the last quarter. City Center Advisors LLC boosted its position in shares of Pacer Trendpilot US Bond ETF by 6.3% in the 3rd quarter. City Center Advisors LLC now owns 29,993 shares of the company’s stock worth $619,000 after purchasing an additional 1,785 shares in the last quarter. Finally, ORG Wealth Partners LLC bought a new stake in shares of Pacer Trendpilot US Bond ETF in the 3rd quarter worth approximately $929,000.

Pacer Trendpilot US Bond ETF Stock Up 0.2 %

PTBD stock opened at $20.09 on Friday. The business has a 50 day moving average of $20.22 and a 200 day moving average of $20.37. Pacer Trendpilot US Bond ETF has a twelve month low of $19.88 and a twelve month high of $20.91.

Pacer Trendpilot US Bond ETF Profile

The Pacer Trendpilot US Bond ETF (PTBD) is an exchange-traded fund that is based on the Pacer Trendpilot US Bond index. The fund tracks an index that uses a momentum-driven proprietary strategy that toggles between U.S. High Yield Corporate Bonds and 7-10 Year Treasury Bonds. PTBD was launched on Oct 22, 2019 and is managed by Pacer.