Pacer Advisors Inc. Sells 23,522 Shares of Pacer Trendpilot 100 ETF $PTNQ

Pacer Advisors Inc. decreased its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 14.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 139,150 shares of the company’s stock after selling 23,522 shares during the period. Pacer Advisors Inc.’s holdings in Pacer Trendpilot 100 ETF were worth $10,944,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Cetera Investment Advisers grew its stake in shares of Pacer Trendpilot 100 ETF by 0.7% in 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 in the last quarter. UBS Group AG boosted its stake in shares of Pacer Trendpilot 100 ETF by 2.8% in the 4th quarter. UBS Group AG now owns 256,991 shares of the company’s stock worth $20,212,000 after buying an additional 7,090 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of Pacer Trendpilot 100 ETF by 1.6% during the third quarter. Creative Financial Designs Inc. ADV now owns 183,837 shares of the company’s stock valued at $14,253,000 after acquiring an additional 2,876 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Pacer Trendpilot 100 ETF by 5.7% in the fourth quarter. Geneos Wealth Management Inc. now owns 179,275 shares of the company’s stock worth $14,100,000 after purchasing an additional 9,693 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Pacer Trendpilot 100 ETF by 0.7% during the 4th quarter. NewEdge Advisors LLC now owns 153,524 shares of the company’s stock worth $12,075,000 after purchasing an additional 1,048 shares during the period.

Pacer Trendpilot 100 ETF Price Performance

Pacer Trendpilot 100 ETF stock opened at $89.09 on Monday. Pacer Trendpilot 100 ETF has a twelve month low of $67.68 and a twelve month high of $90.15. The firm has a 50 day moving average price of $83.90 and a 200-day moving average price of $80.09. The company has a market capitalization of $1.38 billion, a P/E ratio of 33.04 and a beta of 0.65.

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.