Osaic Holdings Inc. Sells 13,162 Shares of Pacer Trendpilot 100 ETF $PTNQ

Osaic Holdings Inc. cut its position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 7.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 175,193 shares of the company’s stock after selling 13,162 shares during the quarter. Osaic Holdings Inc. owned about 1.01% of Pacer Trendpilot 100 ETF worth $12,504,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bank of Montreal Can purchased a new stake in Pacer Trendpilot 100 ETF in the 2nd quarter worth about $43,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Pacer Trendpilot 100 ETF in the second quarter worth about $58,000. Trust Co. of Vermont bought a new stake in shares of Pacer Trendpilot 100 ETF in the second quarter valued at approximately $66,000. HBW Advisory Services LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF during the 2nd quarter valued at approximately $237,000. Finally, Schmidt P J Investment Management Inc. boosted its holdings in Pacer Trendpilot 100 ETF by 24.2% in the 1st quarter. Schmidt P J Investment Management Inc. now owns 3,363 shares of the company’s stock worth $239,000 after buying an additional 655 shares during the period.

Pacer Trendpilot 100 ETF Trading Up 1.2%

Pacer Trendpilot 100 ETF stock opened at $79.61 on Friday. The firm has a 50 day simple moving average of $79.29 and a 200 day simple moving average of $75.31. Pacer Trendpilot 100 ETF has a 1-year low of $65.21 and a 1-year high of $82.21. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 33.04 and a beta of 0.55.

Pacer Trendpilot 100 ETF Company Profile

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.