MBL Wealth LLC Takes Position in Pacer Trendpilot 100 ETF $PTNQ

MBL Wealth LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 47,385 shares of the company’s stock, valued at approximately $3,382,000. MBL Wealth LLC owned 0.27% of Pacer Trendpilot 100 ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in PTNQ. Register Financial Advisors LLC bought a new stake in Pacer Trendpilot 100 ETF during the first quarter valued at about $62,000. Trust Co. of Vermont bought a new stake in Pacer Trendpilot 100 ETF during the second quarter valued at about $66,000. Continuum Advisory LLC boosted its position in Pacer Trendpilot 100 ETF by 404.2% during the first quarter. Continuum Advisory LLC now owns 1,321 shares of the company’s stock valued at $94,000 after purchasing an additional 1,059 shares in the last quarter. Noble Wealth Management PBC boosted its position in Pacer Trendpilot 100 ETF by 21.7% during the first quarter. Noble Wealth Management PBC now owns 1,400 shares of the company’s stock valued at $99,000 after purchasing an additional 250 shares in the last quarter. Finally, NBC Securities Inc. boosted its position in Pacer Trendpilot 100 ETF by 108,150.0% during the first quarter. NBC Securities Inc. now owns 2,165 shares of the company’s stock valued at $153,000 after purchasing an additional 2,163 shares in the last quarter.

Pacer Trendpilot 100 ETF Price Performance

Shares of PTNQ stock opened at $77.88 on Friday. Pacer Trendpilot 100 ETF has a 1-year low of $65.21 and a 1-year high of $78.44. The stock’s 50-day moving average is $74.86 and its 200 day moving average is $71.05. The company has a market cap of $1.29 billion, a P/E ratio of 33.04 and a beta of 0.68.

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.