Concurrent Investment Advisors LLC Acquires 197 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Concurrent Investment Advisors LLC increased its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 0.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,376 shares of the company’s stock after purchasing an additional 197 shares during the period. Concurrent Investment Advisors LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $2,437,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its holdings in Pacer Trendpilot US Large Cap ETF by 3.2% during the first quarter. Janney Montgomery Scott LLC now owns 42,123 shares of the company’s stock worth $2,010,000 after buying an additional 1,305 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Pacer Trendpilot US Large Cap ETF by 25.7% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 11,369 shares of the company’s stock worth $543,000 after purchasing an additional 2,324 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in Pacer Trendpilot US Large Cap ETF by 4.8% during the first quarter. Oppenheimer & Co. Inc. now owns 28,584 shares of the company’s stock valued at $1,364,000 after purchasing an additional 1,309 shares in the last quarter. American Planning Services Inc. grew its stake in Pacer Trendpilot US Large Cap ETF by 1.6% in the first quarter. American Planning Services Inc. now owns 469,351 shares of the company’s stock valued at $22,397,000 after purchasing an additional 7,349 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its holdings in Pacer Trendpilot US Large Cap ETF by 5.5% in the first quarter. Avantax Advisory Services Inc. now owns 250,101 shares of the company’s stock worth $11,935,000 after purchasing an additional 12,954 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Trading Up 0.7 %

PTLC stock opened at $54.56 on Friday. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of 26.16 and a beta of 0.98. The firm’s 50 day moving average price is $52.23 and its 200-day moving average price is $50.17.

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.