Truist Financial Corp Sells 10,736 Shares of Pacer Trendpilot 100 ETF $PTNQ

Truist Financial Corp cut its position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 28.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,494 shares of the company’s stock after selling 10,736 shares during the quarter. Truist Financial Corp’s holdings in Pacer Trendpilot 100 ETF were worth $2,084,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. HBW Advisory Services LLC raised its holdings in Pacer Trendpilot 100 ETF by 5.5% during the 4th quarter. HBW Advisory Services LLC now owns 3,511 shares of the company’s stock valued at $276,000 after acquiring an additional 183 shares during the period. PFG Advisors increased its holdings in Pacer Trendpilot 100 ETF by 1.5% during the 3rd quarter. PFG Advisors now owns 19,116 shares of the company’s stock worth $1,482,000 after acquiring an additional 275 shares during the period. IFP Advisors Inc increased its holdings in Pacer Trendpilot 100 ETF by 5.5% during the 3rd quarter. IFP Advisors Inc now owns 6,136 shares of the company’s stock worth $476,000 after acquiring an additional 318 shares during the period. Mutual Advisors LLC increased its holdings in Pacer Trendpilot 100 ETF by 16.5% during the 4th quarter. Mutual Advisors LLC now owns 3,076 shares of the company’s stock worth $242,000 after acquiring an additional 436 shares during the period. Finally, Oppenheimer & Co. Inc. increased its holdings in Pacer Trendpilot 100 ETF by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 14,523 shares of the company’s stock worth $1,126,000 after acquiring an additional 458 shares during the period.

Pacer Trendpilot 100 ETF Trading Up 1.3%

Pacer Trendpilot 100 ETF stock opened at $86.27 on Thursday. The firm has a market capitalization of $1.34 billion, a PE ratio of 33.04 and a beta of 0.63. Pacer Trendpilot 100 ETF has a 1-year low of $65.21 and a 1-year high of $86.36. The firm’s 50 day simple moving average is $77.47 and its 200 day simple moving average is $78.60.

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.