GAMMA Investing LLC Buys 5,601 Shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

GAMMA Investing LLC increased its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 7,001.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,681 shares of the company’s stock after buying an additional 5,601 shares during the quarter. GAMMA Investing LLC’s holdings in Pacer Trendpilot 100 ETF were worth $403,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Citadel Advisors LLC bought a new stake in shares of Pacer Trendpilot 100 ETF during the fourth quarter worth $468,000. Ameriprise Financial Inc. lifted its position in shares of Pacer Trendpilot 100 ETF by 10.6% during the fourth quarter. Ameriprise Financial Inc. now owns 11,936 shares of the company’s stock worth $884,000 after purchasing an additional 1,145 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Pacer Trendpilot 100 ETF during the fourth quarter worth $229,000. Orion Portfolio Solutions LLC lifted its position in shares of Pacer Trendpilot 100 ETF by 12.6% during the fourth quarter. Orion Portfolio Solutions LLC now owns 10,743 shares of the company’s stock worth $795,000 after purchasing an additional 1,201 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Pacer Trendpilot 100 ETF by 43.8% during the fourth quarter. IFP Advisors Inc now owns 1,516 shares of the company’s stock worth $112,000 after purchasing an additional 462 shares during the last quarter.

Pacer Trendpilot 100 ETF Trading Up 0.1%

NASDAQ:PTNQ opened at $68.29 on Friday. Pacer Trendpilot 100 ETF has a twelve month low of $65.21 and a twelve month high of $77.83. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 31.55 and a beta of 0.60. The stock has a fifty day simple moving average of $67.46 and a 200-day simple moving average of $71.72.

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.