Magnolia Capital Advisors LLC Has $1.51 Million Holdings in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Magnolia Capital Advisors LLC lowered its holdings in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 1.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,398 shares of the company’s stock after selling 482 shares during the period. Magnolia Capital Advisors LLC owned approximately 0.38% of Pacer Trendpilot US Mid Cap ETF worth $1,510,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Register Financial Advisors LLC acquired a new position in Pacer Trendpilot US Mid Cap ETF in the first quarter valued at about $31,000. International Assets Investment Management LLC bought a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the 2nd quarter worth approximately $60,000. Janney Montgomery Scott LLC bought a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the 1st quarter worth approximately $230,000. Strategic Financial Partners Ltd. boosted its position in shares of Pacer Trendpilot US Mid Cap ETF by 5.5% during the 2nd quarter. Strategic Financial Partners Ltd. now owns 10,131 shares of the company’s stock worth $353,000 after acquiring an additional 525 shares in the last quarter. Finally, Regal Investment Advisors LLC increased its stake in Pacer Trendpilot US Mid Cap ETF by 16.3% in the fourth quarter. Regal Investment Advisors LLC now owns 11,387 shares of the company’s stock valued at $374,000 after acquiring an additional 1,599 shares during the last quarter.

Pacer Trendpilot US Mid Cap ETF Price Performance

Shares of PTMC opened at $37.10 on Monday. The firm has a 50 day simple moving average of $35.96 and a two-hundred day simple moving average of $35.34. Pacer Trendpilot US Mid Cap ETF has a one year low of $27.10 and a one year high of $32.86. The company has a market cap of $421.09 million, a P/E ratio of 15.45 and a beta of 0.79.

About Pacer Trendpilot US Mid Cap ETF

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.