Lincoln National Corp Boosts Holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Lincoln National Corp grew its position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 12.0% in the fourth quarter, Holdings Channel reports. The firm owned 15,065 shares of the company’s stock after purchasing an additional 1,620 shares during the period. Lincoln National Corp’s holdings in Pacer Trendpilot 100 ETF were worth $984,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PTNQ. Zimmermann Investment Management & Planning LLC raised its position in shares of Pacer Trendpilot 100 ETF by 39.4% during the 4th quarter. Zimmermann Investment Management & Planning LLC now owns 90,204 shares of the company’s stock valued at $5,893,000 after buying an additional 25,473 shares in the last quarter. Western Wealth Management LLC raised its position in Pacer Trendpilot 100 ETF by 32.4% during the third quarter. Western Wealth Management LLC now owns 42,084 shares of the company’s stock valued at $2,586,000 after purchasing an additional 10,294 shares in the last quarter. Burns Matteson Capital Management LLC bought a new stake in Pacer Trendpilot 100 ETF during the fourth quarter worth about $220,000. Private Advisor Group LLC boosted its holdings in shares of Pacer Trendpilot 100 ETF by 10.2% in the 3rd quarter. Private Advisor Group LLC now owns 46,278 shares of the company’s stock worth $2,843,000 after purchasing an additional 4,283 shares in the last quarter. Finally, Financial Management Network Inc. purchased a new position in shares of Pacer Trendpilot 100 ETF in the 4th quarter worth about $572,000.

Pacer Trendpilot 100 ETF Trading Up 0.1 %

Shares of NASDAQ PTNQ opened at $68.57 on Friday. The stock’s 50-day moving average is $68.08 and its 200 day moving average is $66.20. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 34.73 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 1-year low of $55.08 and a 1-year high of $69.10.

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.