Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Shares Sold by Private Trust Co. NA

Private Trust Co. NA cut its position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 3.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 6,075 shares of the company’s stock after selling 192 shares during the period. Private Trust Co. NA’s holdings in Pacer Trendpilot 100 ETF were worth $431,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of Pacer Trendpilot 100 ETF by 6.6% in the fourth quarter. LPL Financial LLC now owns 1,343,781 shares of the company’s stock valued at $99,467,000 after acquiring an additional 83,719 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Pacer Trendpilot 100 ETF in the fourth quarter valued at $58,178,000. Wells Fargo & Company MN grew its position in Pacer Trendpilot 100 ETF by 0.7% during the fourth quarter. Wells Fargo & Company MN now owns 723,197 shares of the company’s stock valued at $53,531,000 after acquiring an additional 4,791 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in shares of Pacer Trendpilot 100 ETF by 1.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 501,375 shares of the company’s stock worth $35,603,000 after buying an additional 9,281 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Pacer Trendpilot 100 ETF by 7.4% in the fourth quarter. Cetera Investment Advisers now owns 490,376 shares of the company’s stock worth $36,298,000 after buying an additional 33,701 shares during the period.

Pacer Trendpilot 100 ETF Stock Performance

NASDAQ:PTNQ opened at $71.93 on Friday. Pacer Trendpilot 100 ETF has a one year low of $65.21 and a one year high of $77.83. The business’s 50-day simple moving average is $68.17 and its 200 day simple moving average is $71.21. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 31.55 and a beta of 0.68.

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.