Raymond James Financial Inc. Acquires Shares of 253,272 Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Raymond James Financial Inc. bought a new stake in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) during the 4th quarter, Holdings Channel reports. The fund bought 253,272 shares of the company’s stock, valued at approximately $9,343,000.

Several other hedge funds also recently modified their holdings of the business. Stratos Wealth Partners LTD. boosted its stake in shares of Pacer Trendpilot US Mid Cap ETF by 4.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 6,670 shares of the company’s stock valued at $246,000 after purchasing an additional 274 shares during the last quarter. MONECO Advisors LLC boosted its stake in Pacer Trendpilot US Mid Cap ETF by 6.0% during the 4th quarter. MONECO Advisors LLC now owns 15,198 shares of the company’s stock worth $561,000 after acquiring an additional 860 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Pacer Trendpilot US Mid Cap ETF by 18.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 7,150 shares of the company’s stock worth $264,000 after acquiring an additional 1,129 shares during the last quarter. Freedom Investment Management Inc. boosted its stake in Pacer Trendpilot US Mid Cap ETF by 29.8% during the 3rd quarter. Freedom Investment Management Inc. now owns 16,039 shares of the company’s stock worth $595,000 after acquiring an additional 3,682 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in Pacer Trendpilot US Mid Cap ETF by 2.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 188,112 shares of the company’s stock worth $6,983,000 after acquiring an additional 4,322 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Price Performance

Pacer Trendpilot US Mid Cap ETF stock opened at $34.54 on Friday. The company’s 50 day simple moving average is $36.93 and its 200 day simple moving average is $37.44. Pacer Trendpilot US Mid Cap ETF has a fifty-two week low of $33.31 and a fifty-two week high of $40.66. The firm has a market capitalization of $411.04 million, a price-to-earnings ratio of 18.56 and a beta of 0.40.

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.