Cambridge Investment Research Advisors Inc. Acquires 2,346 Shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Cambridge Investment Research Advisors Inc. raised its stake in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 0.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 267,608 shares of the company’s stock after acquiring an additional 2,346 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 2.27% of Pacer Trendpilot US Mid Cap ETF worth $9,259,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE boosted its position in Pacer Trendpilot US Mid Cap ETF by 3.8% in the fourth quarter. Bank of America Corp DE now owns 1,071,536 shares of the company’s stock worth $39,529,000 after purchasing an additional 39,301 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Pacer Trendpilot US Mid Cap ETF by 9.2% during the 4th quarter. LPL Financial LLC now owns 545,835 shares of the company’s stock worth $20,136,000 after acquiring an additional 46,115 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Pacer Trendpilot US Mid Cap ETF by 1.4% during the 4th quarter. Cetera Investment Advisers now owns 377,512 shares of the company’s stock worth $13,926,000 after acquiring an additional 5,356 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the 4th quarter worth $9,343,000. Finally, WBI Investments LLC raised its holdings in Pacer Trendpilot US Mid Cap ETF by 3.1% in the 4th quarter. WBI Investments LLC now owns 199,294 shares of the company’s stock worth $7,352,000 after purchasing an additional 6,013 shares during the period.

Pacer Trendpilot US Mid Cap ETF Stock Down 6.7%

Shares of PTMC opened at $34.86 on Thursday. The business has a 50-day simple moving average of $34.76 and a two-hundred day simple moving average of $36.02. Pacer Trendpilot US Mid Cap ETF has a 52 week low of $33.39 and a 52 week high of $40.66. The stock has a market cap of $442.66 million, a price-to-earnings ratio of 17.54 and a beta of 0.56.

Pacer Trendpilot US Mid Cap ETF Profile

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.