Eastern Bank Purchases New Stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Eastern Bank purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the third quarter, HoldingsChannel reports. The institutional investor purchased 2,340 shares of the company’s stock, valued at approximately $123,000.

Several other institutional investors also recently bought and sold shares of the business. ORG Partners LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter valued at $6,347,000. Cetera Advisor Networks LLC lifted its stake in shares of Pacer Trendpilot US Large Cap ETF by 32.0% during the first quarter. Cetera Advisor Networks LLC now owns 546,647 shares of the company’s stock worth $26,086,000 after purchasing an additional 132,643 shares in the last quarter. Gimbal Financial lifted its stake in shares of Pacer Trendpilot US Large Cap ETF by 10.3% during the second quarter. Gimbal Financial now owns 64,258 shares of the company’s stock worth $3,269,000 after purchasing an additional 6,025 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 0.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,533,550 shares of the company’s stock worth $76,309,000 after buying an additional 13,275 shares during the period. Finally, PFG Advisors grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 5.8% in the third quarter. PFG Advisors now owns 201,245 shares of the company’s stock valued at $10,575,000 after buying an additional 11,111 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 0.2 %

Shares of BATS:PTLC opened at $53.06 on Friday. The stock has a market cap of $3.04 billion, a P/E ratio of 26.16 and a beta of 0.98. The company’s 50 day moving average is $51.83 and its 200-day moving average is $49.71.

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.