Pacer Advisors Inc. Sells 25,427 Shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN)

Pacer Advisors Inc. trimmed its holdings in shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 7.0% during the second quarter, Holdings Channel.com reports. The fund owned 335,517 shares of the company’s stock after selling 25,427 shares during the quarter. Pacer Advisors Inc. owned 0.06% of Pacer Trendpilot International ETF worth $9,703,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of PTIN. International Assets Investment Management LLC bought a new position in Pacer Trendpilot International ETF during the second quarter worth about $27,000. EverSource Wealth Advisors LLC bought a new position in Pacer Trendpilot International ETF during the fourth quarter worth about $29,000. Stegent Equity Advisors Inc. bought a new position in Pacer Trendpilot International ETF in the 1st quarter valued at about $200,000. Concurrent Investment Advisors LLC bought a new position in Pacer Trendpilot International ETF in the 2nd quarter valued at about $296,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in Pacer Trendpilot International ETF by 12.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 13,600 shares of the company’s stock valued at $375,000 after buying an additional 1,511 shares during the period.

Pacer Trendpilot International ETF Stock Down 0.7 %

PTIN stock opened at $30.41 on Monday. Pacer Trendpilot International ETF has a 12 month low of $24.78 and a 12 month high of $31.48. The firm has a market cap of $162.69 million, a P/E ratio of 13.83 and a beta of 0.83. The company’s 50-day moving average price is $29.68 and its two-hundred day moving average price is $29.20.

Pacer Trendpilot International ETF Company Profile

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.