Ameriprise Financial Inc. Purchases 1,145 Shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Ameriprise Financial Inc. increased its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 10.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,936 shares of the company’s stock after buying an additional 1,145 shares during the period. Ameriprise Financial Inc. owned 0.07% of Pacer Trendpilot 100 ETF worth $884,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. OLD Point Trust & Financial Services N A bought a new stake in shares of Pacer Trendpilot 100 ETF during the 4th quarter worth $33,000. Kestra Investment Management LLC purchased a new stake in Pacer Trendpilot 100 ETF during the fourth quarter valued at about $38,000. Midwest Capital Advisors LLC bought a new stake in Pacer Trendpilot 100 ETF during the fourth quarter worth about $64,000. Aptus Capital Advisors LLC purchased a new position in shares of Pacer Trendpilot 100 ETF in the 4th quarter worth about $74,000. Finally, Noble Wealth Management PBC bought a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter valued at about $85,000.

Pacer Trendpilot 100 ETF Trading Up 0.8%

Shares of NASDAQ PTNQ opened at $67.53 on Tuesday. The stock’s 50-day moving average is $67.59 and its 200 day moving average is $72.27. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 28.62 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 1-year low of $65.21 and a 1-year high of $77.83.

Pacer Trendpilot 100 ETF 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.