Pacer Trendpilot International ETF (NYSEARCA:PTIN) Shares Sold by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC cut its holdings in shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 2.8% in the 4th quarter, Holdings Channel reports. The firm owned 55,776 shares of the company’s stock after selling 1,634 shares during the period. Pacer Trendpilot International ETF makes up approximately 1.1% of Magnolia Capital Advisors LLC’s portfolio, making the stock its 26th largest holding. Magnolia Capital Advisors LLC’s holdings in Pacer Trendpilot International ETF were worth $1,533,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PTIN. Private Trust Co. NA acquired a new stake in Pacer Trendpilot International ETF during the fourth quarter valued at approximately $213,000. Avantax Advisory Services Inc. acquired a new stake in Pacer Trendpilot International ETF during the third quarter valued at approximately $257,000. Atria Wealth Solutions Inc. acquired a new stake in Pacer Trendpilot International ETF during the third quarter valued at approximately $320,000. Kestra Advisory Services LLC lifted its stake in Pacer Trendpilot International ETF by 3.2% during the third quarter. Kestra Advisory Services LLC now owns 16,052 shares of the company’s stock valued at $418,000 after purchasing an additional 500 shares during the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new stake in Pacer Trendpilot International ETF during the fourth quarter valued at approximately $542,000.

Pacer Trendpilot International ETF Stock Performance

Shares of NYSEARCA:PTIN traded down $0.09 during mid-day trading on Wednesday, hitting $28.33. The stock had a trading volume of 7,615 shares, compared to its average volume of 13,456. The company has a market cap of $151.56 million, a PE ratio of 13.88 and a beta of 0.82. Pacer Trendpilot International ETF has a 12-month low of $24.78 and a 12-month high of $29.30. The company’s 50 day moving average is $28.52 and its 200-day moving average is $27.27.

About Pacer Trendpilot International ETF

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.