Envestnet Asset Management Inc. Has $5.10 Million Stock Holdings in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Envestnet Asset Management Inc. raised its stake in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 138,279 shares of the company’s stock after buying an additional 2,200 shares during the period. Envestnet Asset Management Inc.’s holdings in Pacer Trendpilot US Mid Cap ETF were worth $5,101,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Jane Street Group LLC acquired a new stake in Pacer Trendpilot US Mid Cap ETF during the third quarter valued at $295,000. J2 Capital Management Inc purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the 4th quarter worth about $2,263,000. Janney Montgomery Scott LLC lifted its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 18.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 7,150 shares of the company’s stock valued at $264,000 after buying an additional 1,129 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 32.1% during the 4th quarter. Geneos Wealth Management Inc. now owns 46,458 shares of the company’s stock valued at $1,714,000 after buying an additional 11,278 shares during the last quarter. Finally, Pacer Advisors Inc. grew its stake in shares of Pacer Trendpilot US Mid Cap ETF by 4.5% in the 4th quarter. Pacer Advisors Inc. now owns 298,114 shares of the company’s stock valued at $10,997,000 after buying an additional 12,954 shares in the last quarter.

Pacer Trendpilot US Mid Cap ETF Stock Performance

Shares of PTMC opened at $34.67 on Wednesday. The firm has a market cap of $409.11 million, a PE ratio of 18.38 and a beta of 0.51. Pacer Trendpilot US Mid Cap ETF has a twelve month low of $33.39 and a twelve month high of $40.66. The firm’s 50 day moving average price is $35.25 and its 200 day moving average price is $37.16.

About Pacer Trendpilot US Mid Cap ETF

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.