XML Financial LLC Decreases Position in Pacer Trendpilot 100 ETF $PTNQ

XML Financial LLC trimmed its position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 15.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,724 shares of the company’s stock after selling 1,977 shares during the period. XML Financial LLC owned about 0.06% of Pacer Trendpilot 100 ETF worth $765,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. MY Wealth Management Inc. purchased a new position in shares of Pacer Trendpilot 100 ETF in the second quarter valued at approximately $9,356,000. LPL Financial LLC raised its stake in Pacer Trendpilot 100 ETF by 5.9% in the 1st quarter. LPL Financial LLC now owns 1,422,612 shares of the company’s stock valued at $101,020,000 after purchasing an additional 78,831 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Pacer Trendpilot 100 ETF by 47.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 185,642 shares of the company’s stock valued at $13,182,000 after purchasing an additional 59,416 shares in the last quarter. Thoroughbred Financial Services LLC boosted its stake in Pacer Trendpilot 100 ETF by 186.3% during the 1st quarter. Thoroughbred Financial Services LLC now owns 49,920 shares of the company’s stock worth $3,544,000 after purchasing an additional 32,481 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of Pacer Trendpilot 100 ETF by 4.0% during the first quarter. Raymond James Financial Inc. now owns 817,745 shares of the company’s stock worth $58,068,000 after buying an additional 31,764 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Up 0.2%

Shares of NASDAQ PTNQ opened at $77.53 on Wednesday. The firm has a 50-day simple moving average of $74.56 and a 200-day simple moving average of $70.92. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 33.04 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 52 week low of $65.21 and a 52 week high of $77.92.

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.