Avantax Advisory Services Inc. increased its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Free Report) by 11.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 193,718 shares of the company’s stock after acquiring an additional 19,493 shares during the period. Avantax Advisory Services Inc. owned approximately 1.07% of Pacer Trendpilot 100 ETF worth $14,339,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of PTNQ. Assetmark Inc. acquired a new stake in shares of Pacer Trendpilot 100 ETF in the third quarter worth approximately $31,000. Kestra Investment Management LLC purchased a new position in Pacer Trendpilot 100 ETF in the fourth quarter valued at approximately $38,000. Midwest Capital Advisors LLC purchased a new position in Pacer Trendpilot 100 ETF in the fourth quarter valued at approximately $64,000. Noble Wealth Management PBC purchased a new position in Pacer Trendpilot 100 ETF in the fourth quarter valued at approximately $85,000. Finally, JPMorgan Chase & Co. raised its holdings in Pacer Trendpilot 100 ETF by 259.9% in the third quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock valued at $105,000 after buying an additional 1,032 shares during the period.
Pacer Trendpilot 100 ETF Stock Performance
NASDAQ PTNQ opened at $71.58 on Thursday. Pacer Trendpilot 100 ETF has a one year low of $66.14 and a one year high of $77.83. The company’s 50 day moving average price is $74.68 and its 200 day moving average price is $74.26. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 31.17 and a beta of 0.68.
Pacer Trendpilot 100 ETF Announces Dividend
About Pacer Trendpilot 100 ETF
The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that is based on the Pacer NASDAQ-100 Trendpilot index. The fund tracks an index that holds the NASDAQ-100 securities and/or 3-month US T-bills according to momentum. PTNQ was launched on Jun 11, 2015 and is managed by Pacer.
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