Synovus Financial Corp Acquires 5,442 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Synovus Financial Corp raised its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 98.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,984 shares of the company’s stock after purchasing an additional 5,442 shares during the quarter. Synovus Financial Corp’s holdings in Pacer Trendpilot US Large Cap ETF were worth $577,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PTLC. Assetmark Inc. raised its position in shares of 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 during the period. Ridgewood Investments LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF during the second quarter worth approximately $40,000. Larson Financial Group LLC lifted its position in Pacer Trendpilot US Large Cap ETF by 124.3% during the second quarter. Larson Financial Group LLC now owns 830 shares of the company’s stock worth $41,000 after acquiring an additional 460 shares during the last quarter. CWM LLC boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 32.7% during the third quarter. CWM LLC now owns 1,186 shares of the company’s stock worth $62,000 after acquiring an additional 292 shares during the period. Finally, Centaurus Financial Inc. acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the second quarter valued at approximately $111,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

BATS:PTLC opened at $55.28 on Wednesday. The business’s fifty day moving average price is $54.07 and its 200 day moving average price is $51.66. The firm has a market cap of $3.17 billion, a PE 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.