427,232 Shares in Pacer Trendpilot Fund of Funds ETF $TRND Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new position in Pacer Trendpilot Fund of Funds ETF (NYSEARCA:TRND – Free Report) during the third quarter, Holdings Channel reports. The institutional investor acquired 427,232 shares of the company’s stock, valued at approximately $15,674,000. Commonwealth Equity Services LLC owned approximately 0.25% of Pacer Trendpilot Fund of Funds ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Retirement Planning Group LLC acquired a new stake in Pacer Trendpilot Fund of Funds ETF in the third quarter valued at approximately $2,426,000. Royal Bank of Canada grew its position in Pacer Trendpilot Fund of Funds ETF by 1,244.1% in the first quarter. Royal Bank of Canada now owns 17,877 shares of the company’s stock worth $591,000 after acquiring an additional 16,547 shares in the last quarter. Mather Group LLC. bought a new stake in Pacer Trendpilot Fund of Funds ETF in the third quarter worth approximately $1,729,000. Cetera Investment Advisers increased its stake in shares of Pacer Trendpilot Fund of Funds ETF by 13.8% during the 1st quarter. Cetera Investment Advisers now owns 46,911 shares of the company’s stock worth $1,550,000 after purchasing an additional 5,700 shares during the last quarter. Finally, CX Institutional acquired a new position in shares of Pacer Trendpilot Fund of Funds ETF during the 3rd quarter worth $30,000.

Pacer Trendpilot Fund of Funds ETF Stock Down 0.6%

Shares of TRND opened at $35.88 on Wednesday. The firm has a market cap of $61.00 million, a price-to-earnings ratio of 15.57 and a beta of 0.52. The company’s fifty day moving average is $36.65 and its 200-day moving average is $35.88. Pacer Trendpilot Fund of Funds ETF has a 12 month low of $30.59 and a 12 month high of $39.09.

Pacer Trendpilot Fund of Funds ETF Profile

(Free Report)

The Pacer Trendpilot Fund of Funds ETF (TRND) is an exchange-traded fund that is based on the Pacer Trendpilot Fund of Funds index. TRND, a fund of funds, provides exposure to large- and mid-cap companies in developed markets including the US. Its underlying funds use momentum to toggle to cash at 50% or 100%. TRND was launched on May 3, 2019 and is managed by Pacer.

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