J2 Capital Management Inc Acquires Shares of 61,340 Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

J2 Capital Management Inc purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 61,340 shares of the company’s stock, valued at approximately $2,263,000. Pacer Trendpilot US Mid Cap ETF makes up 2.1% of J2 Capital Management Inc’s portfolio, making the stock its 9th biggest position. J2 Capital Management Inc owned 0.54% of Pacer Trendpilot US Mid Cap ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the third quarter valued at approximately $295,000. Stifel Financial Corp boosted its holdings in Pacer Trendpilot US Mid Cap ETF by 13.4% in the 3rd quarter. Stifel Financial Corp now owns 73,067 shares of the company’s stock valued at $2,712,000 after purchasing an additional 8,611 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 7.3% during the 3rd quarter. Private Advisor Group LLC now owns 17,030 shares of the company’s stock worth $632,000 after buying an additional 1,157 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Pacer Trendpilot US Mid Cap ETF by 11.2% during the 2nd quarter. NewEdge Advisors LLC now owns 94,247 shares of the company’s stock valued at $3,279,000 after buying an additional 9,498 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Pacer Trendpilot US Mid Cap ETF by 60.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 71,887 shares of the company’s stock valued at $2,501,000 after buying an additional 26,970 shares during the period.

Pacer Trendpilot US Mid Cap ETF Stock Performance

Shares of Pacer Trendpilot US Mid Cap ETF stock opened at $38.34 on Friday. Pacer Trendpilot US Mid Cap ETF has a fifty-two week low of $27.10 and a fifty-two week high of $32.86. The firm has a market capitalization of $435.10 million, a price-to-earnings ratio of 15.45 and a beta of 0.79. The stock has a 50 day moving average of $38.44 and a 200 day moving average of $37.09.

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.