Pacer Trendpilot 100 ETF $PTNQ Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 40.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,847 shares of the company’s stock after selling 72,594 shares during the quarter. Commonwealth Equity Services LLC owned about 0.65% of Pacer Trendpilot 100 ETF worth $8,284,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in PTNQ. Bank of Montreal Can acquired a new position in shares of Pacer Trendpilot 100 ETF during the second quarter worth approximately $43,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Pacer Trendpilot 100 ETF in the 2nd quarter valued at approximately $58,000. Trust Co. of Vermont bought a new stake in Pacer Trendpilot 100 ETF during the 2nd quarter valued at $66,000. Brookwood Investment Group LLC bought a new stake in Pacer Trendpilot 100 ETF during the 3rd quarter valued at $213,000. Finally, HBW Advisory Services LLC acquired a new position in Pacer Trendpilot 100 ETF during the 2nd quarter worth $237,000.

Pacer Trendpilot 100 ETF Stock Performance

NASDAQ:PTNQ opened at $80.36 on Tuesday. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 33.04 and a beta of 0.55. Pacer Trendpilot 100 ETF has a 1 year low of $65.21 and a 1 year high of $82.21. The business has a fifty day moving average of $79.39 and a 200-day moving average of $76.66.

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.