Magnolia Capital Advisors LLC Purchases 302 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Magnolia Capital Advisors LLC lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 0.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,345 shares of the company’s stock after acquiring an additional 302 shares during the quarter. Magnolia Capital Advisors LLC owned 0.16% of Pacer Trendpilot US Large Cap ETF worth $4,545,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. LPL Financial LLC lifted its holdings in Pacer Trendpilot US Large Cap ETF by 1.1% during the second quarter. LPL Financial LLC now owns 3,033,007 shares of the company’s stock valued at $150,922,000 after purchasing an additional 33,440 shares during the last quarter. CFS Investment Advisory Services LLC grew its position in Pacer Trendpilot US Large Cap ETF by 0.8% in the fourth quarter. CFS Investment Advisory Services LLC now owns 1,895,645 shares of the company’s stock worth $82,025,000 after acquiring an additional 14,189 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Pacer Trendpilot US Large Cap ETF by 0.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,533,550 shares of the company’s stock valued at $76,309,000 after purchasing an additional 13,275 shares during the last quarter. Commonwealth Equity Services LLC grew its position in Pacer Trendpilot US Large Cap ETF by 5.4% during the first quarter. Commonwealth Equity Services LLC now owns 1,258,345 shares of the company’s stock valued at $60,048,000 after acquiring an additional 64,831 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 796.2% during the 1st quarter. Cetera Investment Advisers now owns 981,214 shares of the company’s stock valued at $46,824,000 after purchasing an additional 871,732 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

PTLC opened at $52.35 on Friday. The business has a 50 day moving average of $50.46 and a 200-day moving average of $48.98. The stock has a market capitalization of $3.00 billion, a P/E ratio of 26.16 and a beta of 0.98.

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.