Pacer Trendpilot 100 ETF $PTNQ Stock Position Raised by Citadel Advisors LLC

Citadel Advisors LLC increased its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 138.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 36,578 shares of the company’s stock after acquiring an additional 21,252 shares during the quarter. Citadel Advisors LLC’s holdings in Pacer Trendpilot 100 ETF were worth $3,243,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Motiv8 Investments LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF during the fourth quarter valued at $35,000. Arax Advisory Partners acquired a new position in shares of Pacer Trendpilot 100 ETF in the 4th quarter valued at $40,000. Realta Investment Advisors purchased a new position in Pacer Trendpilot 100 ETF in the 1st quarter worth about $55,000. Northwestern Mutual Wealth Management Co. purchased a new position in Pacer Trendpilot 100 ETF in the 2nd quarter worth about $58,000. Finally, Trust Co. of Vermont purchased a new position in Pacer Trendpilot 100 ETF in the 2nd quarter worth about $61,000.

Pacer Trendpilot 100 ETF Stock Performance

NASDAQ PTNQ opened at $86.65 on Tuesday. Pacer Trendpilot 100 ETF has a 1 year low of $71.56 and a 1 year high of $90.15. The company has a market cap of $1.25 billion, a PE ratio of 33.04 and a beta of 0.66. The stock’s 50-day moving average price is $85.74 and its two-hundred day moving average price is $82.64.

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.