IFS Group LLC Purchases New Position in Pacer Trendpilot 100 ETF $PTNQ

IFS Group LLC purchased a new stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the 1st quarter, Holdings Channel.com reports. The fund purchased 7,996 shares of the company’s stock, valued at approximately $583,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PTNQ. NewEdge Advisors LLC lifted its position in shares of Pacer Trendpilot 100 ETF by 76.8% during the 2nd quarter. NewEdge Advisors LLC now owns 149,890 shares of the company’s stock worth $10,698,000 after buying an additional 65,118 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in shares of 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 valued at $5,027,000 after buying an additional 50,010 shares during the last quarter. Empirical Finance LLC purchased a new position in shares of Pacer Trendpilot 100 ETF in the 1st quarter valued at $3,455,000. One Capital Management LLC acquired a new stake in Pacer Trendpilot 100 ETF during the 4th quarter worth $2,836,000. Finally, Bryn Mawr Trust Advisors LLC raised its stake in Pacer Trendpilot 100 ETF by 95.9% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 42,315 shares of the company’s stock worth $3,328,000 after acquiring an additional 20,716 shares in the last quarter.

Pacer Trendpilot 100 ETF Price Performance

Shares of PTNQ opened at $79.77 on Thursday. Pacer Trendpilot 100 ETF has a 1-year low of $71.25 and a 1-year high of $90.15. The stock has a market cap of $1.16 billion, a PE ratio of 33.04 and a beta of 0.65. The firm has a fifty day moving average price of $86.42 and a 200 day moving average price of $81.21.

Pacer Trendpilot 100 ETF Company 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.