Ferguson Shapiro LLC Has $70.26 Million Stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Ferguson Shapiro LLC boosted its stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 3.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,365,533 shares of the company’s stock after acquiring an additional 47,612 shares during the period. Pacer Trendpilot US Large Cap ETF accounts for approximately 26.2% of Ferguson Shapiro LLC’s holdings, making the stock its biggest holding. Ferguson Shapiro LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $70,257,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in PTLC. Golden State Wealth Management LLC boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 117.0% during the 1st quarter. Golden State Wealth Management LLC now owns 16,048 shares of the company’s stock valued at $826,000 after buying an additional 8,652 shares in the last quarter. Financial Enhancement Group LLC grew its holdings in Pacer Trendpilot US Large Cap ETF by 24.1% in the first quarter. Financial Enhancement Group LLC now owns 267,545 shares of the company’s stock worth $12,987,000 after purchasing an additional 51,982 shares during the period. Sheets Smith Wealth Management bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the first quarter valued at approximately $1,503,000. Oppenheimer & Co. Inc. increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 1.5% during the first quarter. Oppenheimer & Co. Inc. now owns 28,629 shares of the company’s stock valued at $1,473,000 after purchasing an additional 436 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 2.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 926,645 shares of the company’s stock valued at $47,676,000 after purchasing an additional 20,287 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Down 6.2%

Pacer Trendpilot US Large Cap ETF stock opened at $49.84 on Wednesday. Pacer Trendpilot US Large Cap ETF has a twelve month low of $46.51 and a twelve month high of $55.90. The company has a market capitalization of $3.28 billion, a P/E ratio of 24.80 and a beta of 0.59. The stock’s 50 day moving average is $48.67 and its 200 day moving average is $51.69.

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.