Empirical Finance LLC Makes New $3.46 Million Investment in Pacer Trendpilot 100 ETF $PTNQ

Empirical Finance LLC acquired a new stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 47,352 shares of the company’s stock, valued at approximately $3,455,000.

A number of other hedge funds also recently made changes to their positions in PTNQ. Cetera Investment Advisers boosted its stake in shares of Pacer Trendpilot 100 ETF by 0.7% during the 4th quarter. Cetera Investment Advisers now owns 649,198 shares of the company’s stock worth $51,059,000 after acquiring an additional 4,397 shares during the period. UBS Group AG raised its stake in Pacer Trendpilot 100 ETF by 2.8% in the 4th quarter. UBS Group AG now owns 256,991 shares of the company’s stock valued at $20,212,000 after acquiring an additional 7,090 shares during the period. Geneos Wealth Management Inc. raised its stake in Pacer Trendpilot 100 ETF by 5.7% in the 4th quarter. Geneos Wealth Management Inc. now owns 179,275 shares of the company’s stock valued at $14,100,000 after acquiring an additional 9,693 shares during the period. NewEdge Advisors LLC raised its stake in Pacer Trendpilot 100 ETF by 0.7% in the 4th quarter. NewEdge Advisors LLC now owns 153,524 shares of the company’s stock valued at $12,075,000 after acquiring an additional 1,048 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its holdings in Pacer Trendpilot 100 ETF by 18.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 105,316 shares of the company’s stock valued at $8,283,000 after purchasing an additional 16,466 shares during the last quarter.

Pacer Trendpilot 100 ETF Price Performance

PTNQ stock opened at $82.45 on Friday. Pacer Trendpilot 100 ETF has a one year low of $71.25 and a one year high of $90.15. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 33.04 and a beta of 0.65. The company has a fifty day moving average price of $86.66 and a two-hundred day moving average price of $81.17.

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.