MONECO Advisors LLC Trims Holdings in Pacer Trendpilot International ETF (NYSEARCA:PTIN)

MONECO Advisors LLC reduced its stake in shares of Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 17.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,674 shares of the company’s stock after selling 5,922 shares during the quarter. MONECO Advisors LLC’s holdings in Pacer Trendpilot International ETF were worth $856,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. SPC Financial Inc. grew its stake in Pacer Trendpilot International ETF by 12.2% in the second quarter. SPC Financial Inc. now owns 126,088 shares of the company’s stock worth $3,646,000 after purchasing an additional 13,711 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Pacer Trendpilot International ETF by 11.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 73,690 shares of the company’s stock worth $2,131,000 after buying an additional 7,459 shares in the last quarter. Global Retirement Partners LLC increased its stake in shares of Pacer Trendpilot International ETF by 4.3% during the third quarter. Global Retirement Partners LLC now owns 31,608 shares of the company’s stock valued at $977,000 after buying an additional 1,309 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Pacer Trendpilot International ETF in the second quarter valued at about $27,000. Finally, Cetera Advisors LLC lifted its stake in Pacer Trendpilot International ETF by 7.1% in the first quarter. Cetera Advisors LLC now owns 52,229 shares of the company’s stock worth $1,518,000 after acquiring an additional 3,466 shares during the period.

Pacer Trendpilot International ETF Stock Performance

NYSEARCA PTIN opened at $29.72 on Wednesday. Pacer Trendpilot International ETF has a one year low of $24.91 and a one year high of $31.48. The company has a market capitalization of $159.01 million, a price-to-earnings ratio of 13.83 and a beta of 0.83. The company’s 50-day simple moving average is $30.34 and its two-hundred day simple moving average is $29.49.

About Pacer Trendpilot International ETF

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.