Pacer Trendpilot 100 ETF $PTNQ Shares Sold by ODonnell Financial Services LLC

ODonnell Financial Services LLC lowered its position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 76.9% in the third quarter, HoldingsChannel reports. The firm owned 50,782 shares of the company’s stock after selling 168,871 shares during the period. Pacer Trendpilot 100 ETF makes up about 1.4% of ODonnell Financial Services LLC’s portfolio, making the stock its 17th biggest holding. ODonnell Financial Services LLC’s holdings in Pacer Trendpilot 100 ETF were worth $3,937,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can acquired a new position in Pacer Trendpilot 100 ETF in the 2nd quarter valued at about $43,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Pacer Trendpilot 100 ETF during the 2nd quarter valued at approximately $58,000. JPMorgan Chase & Co. lifted its holdings in Pacer Trendpilot 100 ETF by 259.3% in the third quarter. JPMorgan Chase & Co. now owns 1,358 shares of the company’s stock valued at $105,000 after acquiring an additional 980 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in Pacer Trendpilot 100 ETF in the third quarter worth approximately $120,000. Finally, Mutual Advisors LLC acquired a new stake in Pacer Trendpilot 100 ETF during the third quarter worth $208,000.

Pacer Trendpilot 100 ETF Stock Down 0.6%

NASDAQ:PTNQ opened at $77.15 on Friday. Pacer Trendpilot 100 ETF has a 52 week low of $65.21 and a 52 week high of $82.21. The stock’s fifty day moving average is $79.08 and its two-hundred day moving average is $77.88. The company has a market capitalization of $1.24 billion, a P/E ratio of 33.04 and a beta of 0.55.

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.