Magnolia Capital Advisors LLC Boosts Holdings in Pacer Trendpilot US Large Cap ETF (BATS:PTLC)

Magnolia Capital Advisors LLC boosted its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 1.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 88,485 shares of the company’s stock after purchasing an additional 1,658 shares during the period. Pacer Trendpilot US Large Cap ETF makes up 2.9% of Magnolia Capital Advisors LLC’s holdings, making the stock its 8th largest holding. Magnolia Capital Advisors LLC’s holdings in Pacer Trendpilot US Large Cap ETF were worth $3,956,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. DecisionPoint Financial LLC purchased a new position in Pacer Trendpilot US Large Cap ETF in the 3rd quarter worth approximately $34,000. Fifth Third Bancorp purchased a new position in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth approximately $109,000. PSI Advisors LLC grew its stake in Pacer Trendpilot US Large Cap ETF by 23.4% in the 4th quarter. PSI Advisors LLC now owns 2,924 shares of the company’s stock worth $127,000 after buying an additional 555 shares in the last quarter. Westside Investment Management Inc. purchased a new position in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth approximately $173,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Pacer Trendpilot US Large Cap ETF in the 3rd quarter worth approximately $240,000.

Pacer Trendpilot US Large Cap ETF Stock Up 0.1 %

PTLC stock traded up $0.05 during midday trading on Wednesday, reaching $46.14. The company had a trading volume of 119,751 shares. The company has a market cap of $2.62 billion, a P/E ratio of 25.59 and a beta of 0.97. The company’s 50-day moving average is $46.59 and its 200-day moving average is $43.79.

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.