Oppenheimer & Co. Inc. Cuts Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Oppenheimer & Co. Inc. cut its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 7.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,093 shares of the company’s stock after selling 2,291 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $1,476,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. ORG Partners LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter valued at about $6,347,000. Cetera Advisor Networks LLC raised its position in Pacer Trendpilot US Large Cap ETF by 32.0% during the first quarter. Cetera Advisor Networks LLC now owns 546,647 shares of the company’s stock valued at $26,086,000 after purchasing an additional 132,643 shares during the period. Gimbal Financial lifted its stake in shares of Pacer Trendpilot US Large Cap ETF by 10.3% in the 2nd quarter. Gimbal Financial now owns 64,258 shares of the company’s stock valued at $3,269,000 after purchasing an additional 6,025 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 0.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,533,550 shares of the company’s stock worth $76,309,000 after purchasing an additional 13,275 shares during the period. Finally, PFG Advisors increased its position in shares of Pacer Trendpilot US Large Cap ETF by 5.8% during the 3rd quarter. PFG Advisors now owns 201,245 shares of the company’s stock valued at $10,575,000 after purchasing an additional 11,111 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Down 1.3 %

Pacer Trendpilot US Large Cap ETF stock opened at $53.63 on Monday. The business has a 50-day moving average price of $52.70 and a 200-day moving average price of $50.58. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98.

Pacer Trendpilot US Large Cap ETF Company 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.