Belpointe Asset Management LLC Trims Stock Position in Pacer Trendpilot US Large Cap ETF $PTLC

Belpointe Asset Management LLC cut its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 35.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,186 shares of the company’s stock after selling 2,253 shares during the quarter. Belpointe Asset Management LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $212,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in PTLC. Wealth Enhancement Advisory Services LLC lifted its position in Pacer Trendpilot US Large Cap ETF by 1.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 205,833 shares of the company’s stock worth $10,590,000 after buying an additional 2,355 shares during the period. Janney Montgomery Scott LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF during the first quarter worth about $2,622,000. Insigneo Advisory Services LLC increased its stake in Pacer Trendpilot US Large Cap ETF by 3.0% during the first quarter. Insigneo Advisory Services LLC now owns 12,946 shares of the company’s stock worth $666,000 after acquiring an additional 373 shares during the last quarter. CENTRAL TRUST Co increased its stake in Pacer Trendpilot US Large Cap ETF by 76.0% during the first quarter. CENTRAL TRUST Co now owns 65,263 shares of the company’s stock worth $3,358,000 after acquiring an additional 28,182 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC increased its stake in Pacer Trendpilot US Large Cap ETF by 3.9% during the first quarter. Kingswood Wealth Advisors LLC now owns 14,576 shares of the company’s stock worth $750,000 after acquiring an additional 541 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of BATS:PTLC opened at $53.72 on Friday. The firm has a market capitalization of $3.52 billion, a PE ratio of 25.78 and a beta of 0.60. The business has a 50-day moving average of $53.52 and a two-hundred day moving average of $50.99. Pacer Trendpilot US Large Cap ETF has a 12 month low of $46.51 and a 12 month high of $55.90.

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.