Geneos Wealth Management Inc. Increases Stock Holdings in Pacer Trendpilot 100 ETF $PTNQ

Geneos Wealth Management Inc. raised its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 42.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 183,469 shares of the company’s stock after purchasing an additional 54,682 shares during the quarter. Geneos Wealth Management Inc. owned approximately 1.06% of Pacer Trendpilot 100 ETF worth $13,094,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. increased its position in shares of Pacer Trendpilot 100 ETF by 4.0% during the first quarter. Raymond James Financial Inc. now owns 817,745 shares of the company’s stock valued at $58,068,000 after buying an additional 31,764 shares during the period. Avantax Advisory Services Inc. grew its holdings in shares of Pacer Trendpilot 100 ETF by 36.2% during the 2nd quarter. Avantax Advisory Services Inc. now owns 270,924 shares of the company’s stock worth $19,336,000 after acquiring an additional 71,962 shares during the period. ODonnell Financial Services LLC grew its holdings in shares of Pacer Trendpilot 100 ETF by 2.3% during the 2nd quarter. ODonnell Financial Services LLC now owns 219,653 shares of the company’s stock worth $15,677,000 after acquiring an additional 4,868 shares during the period. Royal Bank of Canada raised its position in shares of Pacer Trendpilot 100 ETF by 3.8% in the 1st quarter. Royal Bank of Canada now owns 195,623 shares of the company’s stock worth $13,891,000 after acquiring an additional 7,206 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its stake in shares of Pacer Trendpilot 100 ETF by 11.2% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 180,961 shares of the company’s stock valued at $12,915,000 after purchasing an additional 18,184 shares during the period.

Pacer Trendpilot 100 ETF Trading Down 2.0%

PTNQ opened at $79.19 on Friday. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 33.04 and a beta of 0.55. The stock has a fifty day simple moving average of $79.23 and a two-hundred day simple moving average of $74.97. Pacer Trendpilot 100 ETF has a 12-month low of $65.21 and a 12-month high of $82.21.

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.