Carnegie Lake Advisors LLC Takes Position in Pacer Trendpilot US Large Cap ETF $PTLC

Carnegie Lake Advisors LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,654 shares of the company’s stock, valued at approximately $439,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. LPL Financial LLC grew its holdings in Pacer Trendpilot US Large Cap ETF by 38.2% in the 1st quarter. LPL Financial LLC now owns 4,819,492 shares of the company’s stock valued at $247,963,000 after buying an additional 1,332,310 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 654.2% in the first quarter. Ameriprise Financial Inc. now owns 1,248,954 shares of the company’s stock valued at $64,251,000 after acquiring an additional 1,083,347 shares during the period. Raymond James Financial Inc. grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 17.5% in the first quarter. Raymond James Financial Inc. now owns 2,864,864 shares of the company’s stock worth $147,397,000 after acquiring an additional 426,092 shares during the last quarter. Deane Retirement Strategies Inc. grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 98,262.0% in the second quarter. Deane Retirement Strategies Inc. now owns 225,249 shares of the company’s stock worth $11,431,000 after acquiring an additional 225,020 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Pacer Trendpilot US Large Cap ETF by 16.9% during the first quarter. Envestnet Asset Management Inc. now owns 1,070,076 shares of the company’s stock worth $55,055,000 after acquiring an additional 154,653 shares during the period.

Pacer Trendpilot US Large Cap ETF Price Performance

BATS:PTLC opened at $55.14 on Friday. Pacer Trendpilot US Large Cap ETF has a one year low of $46.51 and a one year high of $55.90. The company has a fifty day moving average price of $54.66 and a 200 day moving average price of $51.81. The stock has a market cap of $3.61 billion, a P/E ratio of 25.78 and a beta of 0.60.

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.