Sovereign Financial Group Inc. Has $523,000 Stake in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Sovereign Financial Group Inc. increased its holdings in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 58.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,092 shares of the company’s stock after purchasing an additional 4,443 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Pacer Trendpilot US Large Cap ETF were worth $523,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA boosted its holdings in Pacer Trendpilot US Large Cap ETF by 8.1% during the fourth quarter. Private Trust Co. NA now owns 21,406 shares of the company’s stock worth $926,000 after purchasing an additional 1,596 shares during the last quarter. Atria Investments Inc bought a new stake in Pacer Trendpilot US Large Cap ETF during the third quarter worth $5,903,000. Westside Investment Management Inc. bought a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter worth $173,000. MONECO Advisors LLC raised its position in Pacer Trendpilot US Large Cap ETF by 6.9% during the fourth quarter. MONECO Advisors LLC now owns 137,674 shares of the company’s stock worth $5,957,000 after acquiring an additional 8,884 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in Pacer Trendpilot US Large Cap ETF during the fourth quarter worth $19,042,000.

Pacer Trendpilot US Large Cap ETF Price Performance

BATS PTLC traded up $0.08 on Tuesday, hitting $47.21. 97,859 shares of the stock were exchanged. The business has a 50 day simple moving average of $46.70 and a two-hundred day simple moving average of $44.15. The stock has a market capitalization of $2.70 billion, a P/E ratio of 25.12 and a beta of 0.98.

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.