PTMC

Pacer Trendpilot US Mid Cap ETF

$35.17
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Pacer Trendpilot US Mid Cap ETF seeks to track the performance of the Pacer Trendpilot US Mid Cap Index, which uses a rules-based trend following strategy to provide exposure to U.S. mid-cap equities.

Overview

ETF tracking Pacer Trendpilot US Mid Cap ETF

Category Mid Cap
Issuer Other
Inception Date 2015-06-12
Market Cap $406.2M
Average Volume N/A
Dividend Yield 0.91%
52-Week Range $33.95 - $40.43
VWAP $35.21

Performance

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Investment Summary

📎 Investment Objective

The Pacer Trendpilot US Mid Cap ETF seeks to track the performance of the Pacer Trendpilot US Mid Cap Index, which uses a rules-based trend following strategy to provide exposure to U.S. mid-cap equities.

🎯 Investment Strategy

The fund's strategy involves monitoring the 200-day simple moving average of the S&P MidCap 400 Index. When the index is above its 200-day moving average, the fund is fully invested in mid-cap stocks. When the index is below its 200-day moving average, the fund shifts to 50% exposure to mid-cap stocks and 50% exposure to U.S. Treasury bills.

✨ Key Features

  • Utilizes a trend-following strategy to potentially provide downside protection during market downturns
  • Exposure to U.S. mid-cap stocks, which can offer growth potential
  • Shifts to a more defensive position when the market trend is negative
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Sector concentration risk: The fund's performance may be more volatile due to its focus on mid-cap stocks
  • Trend following risk: The fund's strategy may not accurately predict future market trends, leading to potential underperformance
  • Liquidity risk: The fund may have difficulty buying or selling certain investments at an optimal time and price

👤 Best For

The Pacer Trendpilot US Mid Cap ETF may be suitable for investors seeking exposure to U.S. mid-cap stocks with the potential for downside protection during market downturns. It may be particularly appealing to investors with a moderate risk tolerance who are looking for a rules-based, trend-following strategy to complement their overall portfolio.