Pacer Trendpilot International ETF (NYSEARCA:PTIN) Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. lowered its holdings in Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 374,624 shares of the company’s stock after selling 7,218 shares during the quarter. Pacer Advisors Inc. owned 7.57% of Pacer Trendpilot International ETF worth $10,325,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in PTIN. UBS Group AG acquired a new position in Pacer Trendpilot International ETF in the first quarter valued at approximately $40,000. Money Concepts Capital Corp purchased a new position in shares of Pacer Trendpilot International ETF in the 4th quarter valued at about $146,000. Eqis Capital Management Inc. raised its holdings in Pacer Trendpilot International ETF by 14.1% in the 1st quarter. Eqis Capital Management Inc. now owns 9,508 shares of the company’s stock worth $245,000 after purchasing an additional 1,175 shares during the period. Financial Advocates Investment Management acquired a new position in Pacer Trendpilot International ETF in the 4th quarter worth about $249,000. Finally, Avantax Advisory Services Inc. acquired a new stake in Pacer Trendpilot International ETF in the third quarter valued at approximately $257,000.

Pacer Trendpilot International ETF Price Performance

Shares of PTIN stock opened at $29.15 on Thursday. Pacer Trendpilot International ETF has a 1-year low of $24.78 and a 1-year high of $29.30. The company has a market cap of $144.29 million, a price-to-earnings ratio of 8.86 and a beta of 0.44. The stock has a 50 day simple moving average of $28.04 and a 200-day simple moving average of $26.97.

About Pacer Trendpilot International ETF

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.