Western Wealth Management LLC Grows Stock Holdings in Pacer Trendpilot 100 ETF $PTNQ

Western Wealth Management LLC raised its position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 19.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,208 shares of the company’s stock after buying an additional 7,339 shares during the period. Western Wealth Management LLC’s holdings in Pacer Trendpilot 100 ETF were worth $3,477,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC purchased a new position in shares of Pacer Trendpilot 100 ETF during the fourth quarter worth $40,000. Flagship Harbor Advisors LLC purchased a new position in shares of Pacer Trendpilot 100 ETF during the fourth quarter worth $55,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Pacer Trendpilot 100 ETF during the second quarter worth $58,000. Salomon & Ludwin LLC purchased a new position in shares of Pacer Trendpilot 100 ETF during the fourth quarter worth $81,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Pacer Trendpilot 100 ETF by 259.3% during the third quarter. JPMorgan Chase & Co. now owns 1,358 shares of the company’s stock worth $105,000 after buying an additional 980 shares during the period.

Pacer Trendpilot 100 ETF Stock Up 1.3%

PTNQ opened at $86.27 on Thursday. Pacer Trendpilot 100 ETF has a 52 week low of $65.21 and a 52 week high of $86.36. The business has a fifty day simple moving average of $77.47 and a 200-day simple moving average of $78.60. The firm has a market cap of $1.34 billion, a P/E ratio of 33.04 and a beta of 0.63.

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.