Cambridge Investment Research Advisors Inc. Sells 21,627 Shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Cambridge Investment Research Advisors Inc. lessened its position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 6.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 303,260 shares of the company’s stock after selling 21,627 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 1.77% of Pacer Trendpilot 100 ETF worth $19,812,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. ODonnell Financial Services LLC bought a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter valued at $11,687,000. International Assets Investment Management LLC bought a new position in shares of Pacer Trendpilot 100 ETF during the fourth quarter valued at about $9,847,000. Avantax Advisory Services Inc. increased its holdings in shares of Pacer Trendpilot 100 ETF by 629.7% in the fourth quarter. Avantax Advisory Services Inc. now owns 116,700 shares of the company’s stock worth $7,624,000 after buying an additional 100,707 shares during the period. LPL Financial LLC lifted its stake in shares of Pacer Trendpilot 100 ETF by 10.5% in the 3rd quarter. LPL Financial LLC now owns 956,585 shares of the company’s stock valued at $58,773,000 after acquiring an additional 91,183 shares during the last quarter. Finally, Calton & Associates Inc. boosted its holdings in Pacer Trendpilot 100 ETF by 384.6% during the 4th quarter. Calton & Associates Inc. now owns 42,319 shares of the company’s stock valued at $2,765,000 after acquiring an additional 33,587 shares during the period.

Pacer Trendpilot 100 ETF Stock Performance

PTNQ traded up $0.37 on Friday, hitting $70.08. 30,254 shares of the company were exchanged, compared to its average volume of 56,644. The firm has a fifty day simple moving average of $68.36 and a two-hundred day simple moving average of $66.82. The stock has a market capitalization of $1.23 billion, a PE ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 12 month low of $57.65 and a 12 month high of $70.34.

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.