Clarus Group Inc. Acquires 28,008 Shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Clarus Group Inc. grew its holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 118.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,608 shares of the company’s stock after acquiring an additional 28,008 shares during the period. Pacer Trendpilot US Large Cap ETF accounts for approximately 1.7% of Clarus Group Inc.’s holdings, making the stock its 14th largest position. Clarus Group Inc. owned about 0.10% of Pacer Trendpilot US Large Cap ETF worth $2,233,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Citigroup Inc. boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 264.0% during the 1st quarter. Citigroup Inc. now owns 45,990 shares of the company’s stock worth $1,786,000 after buying an additional 33,357 shares during the period. Synovus Financial Corp boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 8.9% during the 1st quarter. Synovus Financial Corp now owns 9,979 shares of the company’s stock worth $388,000 after buying an additional 819 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 6.4% during the 1st quarter. Cetera Investment Advisers now owns 73,614 shares of the company’s stock worth $2,859,000 after buying an additional 4,403 shares during the period. Brown Brothers Harriman & Co. bought a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 1st quarter worth $389,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of Pacer Trendpilot US Large Cap ETF by 24.8% during the 1st quarter. NewEdge Advisors LLC now owns 81,554 shares of the company’s stock worth $3,168,000 after buying an additional 16,196 shares during the period.

Pacer Trendpilot US Large Cap ETF Price Performance

BATS:PTLC traded up $0.33 during trading hours on Thursday, hitting $47.25. 204,652 shares of the company traded hands. The stock’s fifty day moving average price is $46.49 and its 200-day moving average price is $43.40.

Pacer Trendpilot US Large Cap ETF Company Profile

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.