Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Sees Strong Trading Volume – What’s Next?

Pacer Trendpilot 100 ETF (NASDAQ:PTNQGet Free Report) shares saw strong trading volume on Monday . 220,336 shares changed hands during mid-day trading, an increase of 528% from the previous session’s volume of 35,105 shares.The stock last traded at $89.0710 and had previously closed at $86.95.

Pacer Trendpilot 100 ETF Trading Up 0.8%

The business has a fifty day moving average price of $85.71 and a two-hundred day moving average price of $83.33. The firm has a market capitalization of $1.28 billion, a PE ratio of 33.04 and a beta of 0.66.

Institutional Investors Weigh In On Pacer Trendpilot 100 ETF

A number of institutional investors have recently made changes to their positions in the stock. Ashton Thomas Securities LLC purchased a new position in shares of Pacer Trendpilot 100 ETF during the 1st quarter worth approximately $2,682,000. Retirement Planning Group LLC purchased a new stake in Pacer Trendpilot 100 ETF in the first quarter valued at approximately $572,000. Alchemi Wealth LLC purchased a new stake in Pacer Trendpilot 100 ETF in the fourth quarter valued at approximately $741,000. Rockefeller Capital Management L.P. lifted its stake in Pacer Trendpilot 100 ETF by 18.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 105,316 shares of the company’s stock worth $8,283,000 after purchasing an additional 16,466 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its position in shares of Pacer Trendpilot 100 ETF by 26.7% during the first quarter. Kestra Advisory Services LLC now owns 69,636 shares of the company’s stock worth $5,081,000 after buying an additional 14,691 shares during the period.

About Pacer Trendpilot 100 ETF

(Get Free Report)

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.

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