Apollon Wealth Management LLC Sells 1,990 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Apollon Wealth Management LLC cut its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 15.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,710 shares of the company’s stock after selling 1,990 shares during the period. Apollon Wealth Management LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $572,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in PTLC. Assetmark Inc. grew its position in shares of Pacer Trendpilot US Large Cap ETF by 1,326.7% during the third quarter. Assetmark Inc. now owns 642 shares of the company’s stock worth $34,000 after purchasing an additional 597 shares in the last quarter. Crewe Advisors LLC purchased a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at approximately $38,000. CWM LLC raised its position in shares of Pacer Trendpilot US Large Cap ETF by 32.7% during the third quarter. CWM LLC now owns 1,186 shares of the company’s stock valued at $62,000 after buying an additional 292 shares during the last quarter. Eastern Bank purchased a new position in shares of Pacer Trendpilot US Large Cap ETF in the third quarter worth $123,000. Finally, PSI Advisors LLC lifted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 13.4% in the third quarter. PSI Advisors LLC now owns 3,804 shares of the company’s stock worth $200,000 after buying an additional 450 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Stock Up 3.5 %

PTLC opened at $54.99 on Thursday. The stock has a market capitalization of $3.15 billion, a PE ratio of 26.16 and a beta of 0.98. The company’s fifty day moving average is $54.63 and its two-hundred day moving average is $53.00.

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.