Stephens Inc. AR Sells 23,758 Shares of Pacer Trendpilot 100 ETF $PTNQ

Stephens Inc. AR cut its position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 34.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,064 shares of the company’s stock after selling 23,758 shares during the period. Stephens Inc. AR owned about 0.28% of Pacer Trendpilot 100 ETF worth $3,544,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Western Wealth Management LLC increased its position in shares of Pacer Trendpilot 100 ETF by 19.9% during the fourth quarter. Western Wealth Management LLC now owns 44,208 shares of the company’s stock valued at $3,477,000 after purchasing an additional 7,339 shares during the period. Bryn Mawr Trust Advisors LLC bought a new stake in shares of Pacer Trendpilot 100 ETF during the third quarter valued at approximately $1,675,000. HighTower Advisors LLC increased its position in shares of Pacer Trendpilot 100 ETF by 16.2% during the third quarter. HighTower Advisors LLC now owns 88,636 shares of the company’s stock valued at $6,872,000 after purchasing an additional 12,371 shares during the period. UBS Group AG grew its position in Pacer Trendpilot 100 ETF by 2.8% in the fourth quarter. UBS Group AG now owns 256,991 shares of the company’s stock valued at $20,212,000 after acquiring an additional 7,090 shares during the period. Finally, Geneos Wealth Management Inc. grew 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 valued at $14,100,000 after acquiring an additional 9,693 shares during the period.

Pacer Trendpilot 100 ETF Price Performance

Shares of NASDAQ:PTNQ opened at $85.01 on Tuesday. The business’s fifty day moving average price is $77.96 and its two-hundred day moving average price is $78.70. Pacer Trendpilot 100 ETF has a fifty-two week low of $65.21 and a fifty-two week high of $87.00. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 33.04 and a beta of 0.63.

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.