Geneos Wealth Management Inc. Sells 14,134 Shares of Pacer Trendpilot 100 ETF $PTNQ

Geneos Wealth Management Inc. decreased its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 7.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,141 shares of the company’s stock after selling 14,134 shares during the period. Geneos Wealth Management Inc.’s holdings in Pacer Trendpilot 100 ETF were worth $12,049,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of PTNQ. NewEdge Advisors LLC raised its position in shares of Pacer Trendpilot 100 ETF by 76.8% in the second quarter. NewEdge Advisors LLC now owns 149,890 shares of the company’s stock valued at $10,698,000 after purchasing an additional 65,118 shares during the period. Orion Porfolio Solutions LLC boosted its holdings in Pacer Trendpilot 100 ETF by 359.5% in the 4th quarter. Orion Porfolio Solutions LLC now owns 63,922 shares of the company’s stock worth $5,027,000 after buying an additional 50,010 shares during the period. One Capital Management LLC purchased a new position in Pacer Trendpilot 100 ETF in the 4th quarter valued at approximately $2,836,000. Bryn Mawr Trust Advisors LLC grew its stake in Pacer Trendpilot 100 ETF by 95.9% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 42,315 shares of the company’s stock valued at $3,328,000 after buying an additional 20,716 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in Pacer Trendpilot 100 ETF by 18.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 105,316 shares of the company’s stock valued at $8,283,000 after acquiring an additional 16,466 shares during the period.

Pacer Trendpilot 100 ETF Price Performance

Shares of PTNQ stock opened at $86.49 on Thursday. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 33.04 and a beta of 0.65. The company’s fifty day simple moving average is $86.86 and its two-hundred day simple moving average is $80.94. Pacer Trendpilot 100 ETF has a 1 year low of $71.25 and a 1 year high of $90.15.

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.