Centric Wealth Management Has $257,000 Stock Holdings in Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND)

Centric Wealth Management decreased its stake in Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND) by 9.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,591 shares of the company’s stock after selling 926 shares during the period. Centric Wealth Management owned 0.49% of Pacer Trendpilot Fund of Funds ETF worth $257,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Cambridge Investment Research Advisors Inc. lifted its stake in Pacer Trendpilot Fund of Funds ETF by 1.4% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 47,172 shares of the company’s stock valued at $1,331,000 after purchasing an additional 641 shares during the last quarter. Raymond James & Associates boosted its stake in shares of Pacer Trendpilot Fund of Funds ETF by 3.5% during the 3rd quarter. Raymond James & Associates now owns 20,016 shares of the company’s stock worth $565,000 after acquiring an additional 682 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Pacer Trendpilot Fund of Funds ETF during the 3rd quarter worth approximately $525,000. LPL Financial LLC increased its holdings in shares of Pacer Trendpilot Fund of Funds ETF by 192.0% during the 3rd quarter. LPL Financial LLC now owns 140,987 shares of the company’s stock worth $3,979,000 after acquiring an additional 92,709 shares during the last quarter. Finally, Lunt Capital Management Inc. raised its stake in Pacer Trendpilot Fund of Funds ETF by 8.5% in the 4th quarter. Lunt Capital Management Inc. now owns 36,602 shares of the company’s stock valued at $1,086,000 after acquiring an additional 2,865 shares during the period.

Pacer Trendpilot Fund of Funds ETF Price Performance

Pacer Trendpilot Fund of Funds ETF stock traded up $0.05 during mid-day trading on Tuesday, hitting $31.30. 3,052 shares of the company’s stock traded hands, compared to its average volume of 4,805. The firm has a 50 day simple moving average of $31.01 and a two-hundred day simple moving average of $29.93. Pacer Trendpilot Fund of Funds ETF has a fifty-two week low of $27.39 and a fifty-two week high of $31.63. The stock has a market cap of $51.65 million, a price-to-earnings ratio of 20.86 and a beta of 0.73.

Pacer Trendpilot Fund of Funds ETF Profile

The Pacer Trendpilot Fund of Funds ETF (TRND) is an exchange-traded fund that is based on the Pacer Trendpilot Fund of Funds index. TRND, a fund of funds, provides exposure to large- and mid-cap companies in developed markets including the US. Its underlying funds use momentum to toggle to cash at 50% or 100%.