Pacer Trendpilot 100 ETF $PTNQ Shares Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC lifted its holdings in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 2.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,344 shares of the company’s stock after buying an additional 175 shares during the period. DAVENPORT & Co LLC’s holdings in Pacer Trendpilot 100 ETF were worth $596,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. MBL Wealth LLC acquired a new stake in shares of Pacer Trendpilot 100 ETF during the second quarter worth about $3,382,000. New Century Financial Group LLC acquired a new stake in shares of Pacer Trendpilot 100 ETF during the second quarter worth about $246,000. FSA Wealth Partners Inc. boosted its stake in shares of Pacer Trendpilot 100 ETF by 0.9% during the second quarter. FSA Wealth Partners Inc. now owns 22,791 shares of the company’s stock worth $1,627,000 after buying an additional 208 shares during the period. Trust Co. of Vermont acquired a new stake in shares of Pacer Trendpilot 100 ETF during the second quarter worth about $66,000. Finally, Janney Montgomery Scott LLC lifted its position in Pacer Trendpilot 100 ETF by 6.9% in the second quarter. Janney Montgomery Scott LLC now owns 27,656 shares of the company’s stock valued at $1,974,000 after purchasing an additional 1,788 shares during the period.

Pacer Trendpilot 100 ETF Stock Down 3.4%

Shares of NASDAQ:PTNQ opened at $76.15 on Friday. The company has a market cap of $1.26 billion, a P/E ratio of 33.04 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 52 week low of $65.21 and a 52 week high of $79.13. The company has a 50-day moving average price of $75.38 and a 200 day moving average price of $71.25.

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.