Ameritas Advisory Services LLC Decreases Position in Pacer Trendpilot 100 ETF $PTNQ

Ameritas Advisory Services LLC decreased its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 94.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,373 shares of the company’s stock after selling 37,715 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Pacer Trendpilot 100 ETF were worth $184,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in PTNQ. Assetmark Inc. boosted its holdings in Pacer Trendpilot 100 ETF by 68.1% in the third quarter. Assetmark Inc. now owns 4,240 shares of the company’s stock worth $329,000 after acquiring an additional 1,718 shares in the last quarter. Stratos Wealth Advisors LLC acquired a new position in shares of Pacer Trendpilot 100 ETF during the third quarter valued at about $391,000. Oppenheimer & Co. Inc. raised its position in shares of Pacer Trendpilot 100 ETF by 3.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 14,523 shares of the company’s stock valued at $1,126,000 after purchasing an additional 458 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Pacer Trendpilot 100 ETF by 0.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 79,575 shares of the company’s stock worth $6,169,000 after purchasing an additional 506 shares in the last quarter. Finally, Money Concepts Capital Corp acquired a new stake in Pacer Trendpilot 100 ETF in the 3rd quarter worth approximately $246,000.

Pacer Trendpilot 100 ETF Trading Down 0.1%

Shares of Pacer Trendpilot 100 ETF stock opened at $76.88 on Wednesday. Pacer Trendpilot 100 ETF has a 12-month low of $65.21 and a 12-month high of $82.21. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 33.04 and a beta of 0.55. The firm’s 50 day simple moving average is $79.23 and its two-hundred day simple moving average is $77.89.

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.