Tyche Wealth Partners LLC Makes New Investment in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Tyche Wealth Partners LLC purchased a new position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 233,975 shares of the company’s stock, valued at approximately $10,124,000. Pacer Trendpilot US Large Cap ETF accounts for about 2.4% of Tyche Wealth Partners LLC’s investment portfolio, making the stock its 7th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ferguson Shapiro LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at $30,952,000. Imprint Wealth LLC grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 3,689.6% during the second quarter. Imprint Wealth LLC now owns 675,503 shares of the company’s stock valued at $67,550,000 after buying an additional 657,678 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at $19,042,000. Morgan Stanley grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 7.4% during the third quarter. Morgan Stanley now owns 3,815,400 shares of the company’s stock valued at $152,463,000 after buying an additional 263,865 shares during the last quarter. Finally, Atria Investments Inc purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF during the third quarter valued at $5,903,000.

Pacer Trendpilot US Large Cap ETF Stock Down 0.3 %

Shares of PTLC traded down $0.12 during trading hours on Tuesday, reaching $45.93. 166,076 shares of the company traded hands. The company has a market capitalization of $2.61 billion, a PE ratio of 25.59 and a beta of 0.97. The stock has a 50-day simple moving average of $46.56 and a two-hundred day simple moving average of $43.58.

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.