American Institute for Advanced Investment Management LLP Sells 1,060 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

American Institute for Advanced Investment Management LLP lessened its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 6.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,560 shares of the company’s stock after selling 1,060 shares during the period. American Institute for Advanced Investment Management LLP’s holdings in Pacer Trendpilot US Large Cap ETF were worth $885,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 65.7% during the 2nd quarter. Bank of Montreal Can now owns 14,603 shares of the company’s stock worth $729,000 after purchasing an additional 5,792 shares during the last quarter. Truist Financial Corp increased its position in Pacer Trendpilot US Large Cap ETF by 9.1% during the second quarter. Truist Financial Corp now owns 297,547 shares of the company’s stock worth $14,806,000 after buying an additional 24,890 shares during the last quarter. Cetera Investment Advisers raised its stake in Pacer Trendpilot US Large Cap ETF by 9.4% in the second quarter. Cetera Investment Advisers now owns 1,073,209 shares of the company’s stock valued at $53,403,000 after buying an additional 91,995 shares during the period. Sanctuary Advisors LLC bought a new stake in Pacer Trendpilot US Large Cap ETF in the second quarter valued at approximately $479,000. Finally, Centaurus Financial Inc. bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter worth approximately $111,000.

Pacer Trendpilot US Large Cap ETF Price Performance

PTLC stock opened at $54.91 on Thursday. The business’s fifty day simple moving average is $54.63 and its 200 day simple moving average is $52.68. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98.

About Pacer Trendpilot US Large Cap ETF

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.