HighTower Advisors LLC Buys 12,371 Shares of Pacer Trendpilot 100 ETF $PTNQ

HighTower Advisors LLC increased its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 16.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 88,636 shares of the company’s stock after purchasing an additional 12,371 shares during the quarter. HighTower Advisors LLC owned about 0.54% of Pacer Trendpilot 100 ETF worth $6,872,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in PTNQ. Baird Financial Group Inc. purchased a new position in Pacer Trendpilot 100 ETF during the 1st quarter valued at about $244,000. Strategic Blueprint LLC boosted its position in shares of Pacer Trendpilot 100 ETF by 28.0% in the second quarter. Strategic Blueprint LLC now owns 6,182 shares of the company’s stock valued at $441,000 after acquiring an additional 1,351 shares during the period. Creative Financial Designs Inc. ADV grew its stake in Pacer Trendpilot 100 ETF by 11.2% during the second quarter. Creative Financial Designs Inc. ADV now owns 180,961 shares of the company’s stock valued at $12,915,000 after acquiring an additional 18,184 shares in the last quarter. Bank of Montreal Can bought a new stake in Pacer Trendpilot 100 ETF during the 2nd quarter worth approximately $43,000. Finally, Avantax Advisory Services Inc. lifted its stake in Pacer Trendpilot 100 ETF by 36.2% in the 2nd quarter. Avantax Advisory Services Inc. now owns 270,924 shares of the company’s stock worth $19,336,000 after purchasing an additional 71,962 shares in the last quarter.

Pacer Trendpilot 100 ETF Price Performance

PTNQ opened at $77.88 on Monday. The firm has a market capitalization of $1.25 billion, a P/E ratio of 33.04 and a beta of 0.55. Pacer Trendpilot 100 ETF has a one year low of $65.21 and a one year high of $82.21. The company has a fifty day moving average price of $79.06 and a 200-day moving average price of $77.99.

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.