NewEdge Advisors LLC Has $6.11 Million Stock Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

NewEdge Advisors LLC grew its position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 84,710 shares of the company’s stock after purchasing an additional 628 shares during the quarter. NewEdge Advisors LLC owned about 0.48% of Pacer Trendpilot 100 ETF worth $6,107,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Insigneo Advisory Services LLC acquired a new position in Pacer Trendpilot 100 ETF in the second quarter valued at approximately $375,000. CoreCap Advisors LLC acquired a new stake in Pacer Trendpilot 100 ETF in the second quarter worth $2,068,000. LPL Financial LLC increased its stake in Pacer Trendpilot 100 ETF by 3.1% in the second quarter. LPL Financial LLC now owns 1,274,134 shares of the company’s stock valued at $91,852,000 after purchasing an additional 38,671 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Pacer Trendpilot 100 ETF by 6.1% during the second quarter. Private Advisor Group LLC now owns 50,568 shares of the company’s stock valued at $3,645,000 after purchasing an additional 2,929 shares during the period. Finally, Confluence Wealth Services Inc. boosted its position in shares of Pacer Trendpilot 100 ETF by 180.9% during the 2nd quarter. Confluence Wealth Services Inc. now owns 8,694 shares of the company’s stock worth $627,000 after purchasing an additional 5,599 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Down 1.0 %

Shares of NASDAQ:PTNQ opened at $72.62 on Wednesday. Pacer Trendpilot 100 ETF has a twelve month low of $60.27 and a twelve month high of $74.13. The stock’s 50 day moving average is $71.38 and its 200-day moving average is $70.43. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 35.78 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.