47,352 Shares in Pacer Trendpilot 100 ETF $PTNQ Purchased by Empirical Finance LLC

Empirical Finance LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 47,352 shares of the company’s stock, valued at approximately $3,455,000. Empirical Finance LLC owned about 0.31% of Pacer Trendpilot 100 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. HBW Advisory Services LLC increased its position in shares of Pacer Trendpilot 100 ETF by 5.5% during the 4th quarter. HBW Advisory Services LLC now owns 3,511 shares of the company’s stock worth $276,000 after purchasing an additional 183 shares during the last quarter. XML Financial LLC boosted its holdings in shares of Pacer Trendpilot 100 ETF by 1.9% in the 4th quarter. XML Financial LLC now owns 10,911 shares of the company’s stock valued at $858,000 after buying an additional 200 shares during the last quarter. Mutual Advisors LLC boosted its holdings in shares of Pacer Trendpilot 100 ETF by 16.5% in the 4th quarter. Mutual Advisors LLC now owns 3,076 shares of the company’s stock valued at $242,000 after buying an additional 436 shares during the last quarter. Motiv8 Investments LLC bought a new position in shares of Pacer Trendpilot 100 ETF in the fourth quarter valued at $35,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Pacer Trendpilot 100 ETF in the fourth quarter valued at $40,000.

Pacer Trendpilot 100 ETF Trading Down 1.2%

Shares of PTNQ opened at $82.45 on Friday. The company’s fifty day simple moving average is $86.66 and its 200 day simple moving average is $81.17. Pacer Trendpilot 100 ETF has a 1-year low of $71.25 and a 1-year high of $90.15. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 33.04 and a beta of 0.65.

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.