Pacer Trendpilot US Mid Cap ETF
PTMC
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 500 Chesterfield Parkway Malvern PA United States of America 19355
- IPO Date
- Jun 12, 2015
- CIK
- 0001616668
- Website
- paceretfs.com
- Similar Companies
- Business
- Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the Pacer Trendpilot US Mid Cap Index. The fund, issued by Pacer Funds Trust—a Delaware statutory trust organized in 2014 and headquartered in Malvern, Pennsylvania—employs a rules-based trend-following strategy utilizing three indicators to dynamically adjust exposure among 100% S&P MidCap 400 Index equities, a 50/50 blend of the S&P MidCap 400 Index and 3-month US Treasury bills, or 100% 3-month US Treasury bills; the Equity Indicator shifts to full equity when the S&P MidCap 400 Total Return Index closes above its 200-day simple moving average for five consecutive business days, the 50/50 Indicator activates below the moving average, and the T-Bill Indicator triggers on a declining moving average, with an Extreme Valuation Trigger mandating a shift to 50/50 if 20% below the moving average. It invests at least 80% of its total assets in the index's component securities, primarily US mid-cap blend stocks across sectors like industrials, technology, and healthcare, with top holdings including Interactive Brokers Group Inc., EMCOR Group Inc., Comfort Systems USA Inc., RB Global Inc., and Casey's General Stores Inc.; the fund targets institutional and retail investors seeking mid-cap exposure with downside risk mitigation, maintaining assets under management of approximately $419 million to $423 million and a net expense ratio of 0.60%. Launched on June 11, 2015, PTMC operates exclusively on US markets via exchanges like Cboe BZX. In recent developments, Pacer Funds Trust, the issuer behind PTMC as part of its broader lineup of over 50 ETFs, achieved significant asset growth from $35 billion to over $46 billion across its platform by December 31, 2024, reflecting a 31.19% increase driven by strong performance in trend-following and free cash flow strategies. The firm launched 10 new ETF products in 2024, including expansions to the Pacer Cash Cows Index ETF Series with funds such as the Pacer US Cash Cows Bond ETF (MILK), Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF (QQQG), and Pacer Developed Markets Cash Cows Growth Leaders ETF (EAFG), alongside its first UCITS products for European market entry and additions to the Pacer Metaurus Dividend Multiplier, Leaders, and Custom ETF series; these innovations complement PTMC's established Trendpilot methodology, which saw a strategy tweak to its Extreme Valuation Trigger effective April 16, 2025. Pacer ETFs garnered multiple industry awards in 2024 for its strategies, underscoring its prominence as the top US issuer of free cash flow ETFs, while PTMC's portfolio exhibited dynamic shifts, such as exiting positions in holdings like GameStop Corp., DocuSign Inc., and others in favor of Treasury bills during downtrends as of mid-2025 filings. The Trust is advised by Pacer Advisors, Inc., with portfolio management led by professionals including Bruce Kavanaugh since inception and Danke Wang since 2022.