Stegent Equity Advisors Inc. reduced its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Free Report) by 14.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,375 shares of the company’s stock after selling 589 shares during the period. Stegent Equity Advisors Inc.’s holdings in Pacer Trendpilot 100 ETF were worth $241,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Trust Co. of Vermont purchased a new stake in Pacer Trendpilot 100 ETF during the 2nd quarter worth approximately $66,000. Assetmark Inc. increased its holdings in Pacer Trendpilot 100 ETF by 494.8% during the 1st quarter. Assetmark Inc. now owns 2,522 shares of the company’s stock worth $179,000 after purchasing an additional 2,098 shares during the last quarter. HBW Advisory Services LLC purchased a new stake in Pacer Trendpilot 100 ETF during the 2nd quarter worth approximately $237,000. Schmidt P J Investment Management Inc. increased its holdings in Pacer Trendpilot 100 ETF by 24.2% during the 1st quarter. Schmidt P J Investment Management Inc. now owns 3,363 shares of the company’s stock worth $239,000 after purchasing an additional 655 shares during the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in Pacer Trendpilot 100 ETF during the 1st quarter worth approximately $244,000.
Pacer Trendpilot 100 ETF Stock Up 1.1%
PTNQ stock opened at $79.72 on Friday. Pacer Trendpilot 100 ETF has a 52-week low of $65.21 and a 52-week high of $79.88. The stock’s 50 day moving average is $76.26 and its two-hundred day moving average is $71.87. The company has a market capitalization of $1.30 billion, a PE ratio of 33.04 and a beta of 0.68.
Pacer Trendpilot 100 ETF 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.
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Want to see what other hedge funds are holding PTNQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Free Report).
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