Truist Financial Corp Raises Stock Holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Truist Financial Corp grew its position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 16.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 255,124 shares of the company’s stock after acquiring an additional 36,363 shares during the quarter. Truist Financial Corp’s holdings in Pacer Trendpilot US Large Cap ETF were worth $11,039,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of PTLC. Cambridge Investment Research Advisors Inc. boosted its stake in Pacer Trendpilot US Large Cap ETF by 13.6% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 464,769 shares of the company’s stock worth $18,572,000 after purchasing an additional 55,492 shares during the period. Stratos Wealth Partners LTD. boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 147.2% during the third quarter. Stratos Wealth Partners LTD. now owns 36,679 shares of the company’s stock worth $1,466,000 after buying an additional 21,839 shares during the period. J.W. Cole Advisors Inc. boosted its stake in shares of Pacer Trendpilot US Large Cap ETF by 6.2% during the third quarter. J.W. Cole Advisors Inc. now owns 59,275 shares of the company’s stock worth $2,369,000 after buying an additional 3,480 shares during the period. Advisor Resource Council grew its holdings in shares of Pacer Trendpilot US Large Cap ETF by 6.3% during the third quarter. Advisor Resource Council now owns 33,948 shares of the company’s stock worth $1,357,000 after buying an additional 2,025 shares during the last quarter. Finally, DecisionPoint Financial LLC acquired a new position in Pacer Trendpilot US Large Cap ETF in the 3rd quarter valued at about $34,000.

Pacer Trendpilot US Large Cap ETF Trading Down 0.3 %

PTLC opened at $45.66 on Thursday. The firm’s 50 day moving average is $46.66 and its 200 day moving average is $43.99. The stock has a market cap of $2.61 billion, a P/E ratio of 25.12 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.