Cyndeo Wealth Partners LLC Makes New Investment in Pacer Trendpilot 100 ETF $PTNQ

Cyndeo Wealth Partners LLC acquired a new position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,559 shares of the company’s stock, valued at approximately $254,000.

A number of other institutional investors have also added to or reduced their stakes in the company. DAVENPORT & Co LLC raised its holdings in Pacer Trendpilot 100 ETF by 2.1% in the second quarter. DAVENPORT & Co LLC now owns 8,344 shares of the company’s stock worth $596,000 after purchasing an additional 175 shares in the last quarter. PFG Advisors increased its holdings in shares of Pacer Trendpilot 100 ETF by 1.0% during the first quarter. PFG Advisors now owns 19,251 shares of the company’s stock valued at $1,367,000 after acquiring an additional 182 shares in the last quarter. FSA Wealth Partners Inc. increased its holdings 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 valued at $1,627,000 after acquiring an additional 208 shares in the last quarter. Proactive Wealth Strategies LLC increased its holdings in shares of Pacer Trendpilot 100 ETF by 1.0% during the first quarter. Proactive Wealth Strategies LLC now owns 21,222 shares of the company’s stock valued at $1,507,000 after acquiring an additional 216 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its holdings in shares of Pacer Trendpilot 100 ETF by 2.7% during the first quarter. Axxcess Wealth Management LLC now owns 10,615 shares of the company’s stock valued at $754,000 after acquiring an additional 279 shares in the last quarter.

Pacer Trendpilot 100 ETF Price Performance

Shares of NASDAQ:PTNQ opened at $76.15 on Friday. Pacer Trendpilot 100 ETF has a 1-year low of $65.21 and a 1-year high of $79.13. The business has a fifty day moving average price of $75.38 and a 200-day moving average price of $71.25. The company has a market capitalization of $1.26 billion, a PE ratio of 33.04 and a beta of 0.68.

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.