Magnolia Capital Advisors LLC Sells 1,693 Shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Magnolia Capital Advisors LLC lowered its stake in Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,144 shares of the company’s stock after selling 1,693 shares during the quarter. Magnolia Capital Advisors LLC owned about 0.36% of Pacer Trendpilot US Mid Cap ETF worth $1,453,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. First Command Advisory Services Inc. bought a new position in shares of Pacer Trendpilot US Mid Cap ETF in the fourth quarter worth about $41,000. DecisionPoint Financial LLC bought a new stake in Pacer Trendpilot US Mid Cap ETF during the 3rd quarter valued at approximately $48,000. ORG Partners LLC raised its stake in Pacer Trendpilot US Mid Cap ETF by 16.5% during the 4th quarter. ORG Partners LLC now owns 2,771 shares of the company’s stock valued at $91,000 after purchasing an additional 393 shares during the period. Stratos Wealth Partners LTD. bought a new stake in Pacer Trendpilot US Mid Cap ETF during the 3rd quarter valued at approximately $206,000. Finally, Imprint Wealth LLC raised its stake in Pacer Trendpilot US Mid Cap ETF by 3.6% during the 4th quarter. Imprint Wealth LLC now owns 10,692 shares of the company’s stock valued at $358,000 after purchasing an additional 375 shares during the period.

Pacer Trendpilot US Mid Cap ETF Trading Up 0.1 %

PTMC traded up $0.02 on Wednesday, hitting $34.31. 27,361 shares of the company’s stock traded hands. The company’s 50 day simple moving average is $34.61 and its 200-day simple moving average is $32.80. The firm has a market cap of $389.42 million, a price-to-earnings ratio of 14.95 and a beta of 0.80. Pacer Trendpilot US Mid Cap ETF has a one year low of $27.10 and a one year high of $32.86.

About Pacer Trendpilot US Mid Cap ETF

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.