Strategic Financial Concepts LLC Makes New $629,000 Investment in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Strategic Financial Concepts LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,766 shares of the company’s stock, valued at approximately $629,000.

Several other hedge funds and other institutional investors have also made changes to their positions in PTLC. Assetmark Inc. boosted its holdings in Pacer Trendpilot US Large Cap ETF by 1,326.7% in the third quarter. Assetmark Inc. now owns 642 shares of the company’s stock valued at $34,000 after purchasing an additional 597 shares in the last quarter. Crewe Advisors LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at $38,000. CWM LLC grew its position in shares of Pacer Trendpilot US Large Cap ETF by 32.7% in the 3rd quarter. CWM LLC now owns 1,186 shares of the company’s stock valued at $62,000 after buying an additional 292 shares during the last quarter. Eastern Bank acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 3rd quarter worth $123,000. Finally, PSI Advisors LLC lifted its position in Pacer Trendpilot US Large Cap ETF by 13.4% in the third quarter. PSI Advisors LLC now owns 3,804 shares of the company’s stock valued at $200,000 after acquiring an additional 450 shares during the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Performance

Shares of PTLC stock opened at $55.14 on Wednesday. The business’s 50-day moving average price is $54.65 and its 200-day moving average price is $52.98. The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98.

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.