Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its position in shares of Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 537,991 shares of the company’s stock after buying an additional 10,071 shares during the period. Commonwealth Equity Services LLC owned 32.61% of Pacer Trendpilot Fund of Funds ETF worth $17,468,000 as of its most recent filing with the SEC.

Separately, Kestra Investment Management LLC acquired a new stake in Pacer Trendpilot Fund of Funds ETF in the fourth quarter valued at approximately $67,000.

Pacer Trendpilot Fund of Funds ETF Price Performance

Shares of TRND stock opened at $32.44 on Tuesday. Pacer Trendpilot Fund of Funds ETF has a 1-year low of $30.15 and a 1-year high of $34.44. The company has a market cap of $56.77 million, a price-to-earnings ratio of 20.46 and a beta of 0.50. The stock has a 50 day simple moving average of $33.09 and a 200-day simple moving average of $33.30.

Pacer Trendpilot Fund of Funds ETF Profile

The Pacer Trendpilot Fund of Funds ETF (TRND) is an exchange-traded fund that is based on the Pacer Trendpilot Fund of Funds index. TRND, a fund of funds, provides exposure to large- and mid-cap companies in developed markets including the US. Its underlying funds use momentum to toggle to cash at 50% or 100%.