Tyche Wealth Partners LLC Takes Position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Tyche Wealth Partners LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 233,975 shares of the company’s stock, valued at approximately $10,124,000. Pacer Trendpilot US Large Cap ETF accounts for approximately 2.4% of Tyche Wealth Partners LLC’s portfolio, making the stock its 7th biggest holding. Tyche Wealth Partners LLC owned about 0.44% of Pacer Trendpilot US Large Cap ETF as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. DecisionPoint Financial LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter valued at about $34,000. Coppell Advisory Solutions LLC bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter valued at about $59,000. Benjamin F. Edwards & Company Inc. boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 216.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,463 shares of the company’s stock valued at $60,000 after purchasing an additional 1,000 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at about $109,000. Finally, FMR LLC boosted its position in shares of Pacer Trendpilot US Large Cap ETF by 81.7% during the 3rd quarter. FMR LLC now owns 3,097 shares of the company’s stock valued at $124,000 after purchasing an additional 1,393 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of Pacer Trendpilot US Large Cap ETF stock traded down $0.12 on Tuesday, hitting $45.93. 166,076 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $46.56 and its two-hundred day moving average price is $43.58. The company has a market cap of $2.61 billion, a P/E ratio of 25.59 and a beta of 0.97.

Pacer Trendpilot US Large Cap ETF 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.