Family Office Research LLC Invests $623,000 in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Family Office Research LLC bought a new position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the fourth quarter, Holdings Channel.com reports. The fund bought 8,417 shares of the company’s stock, valued at approximately $623,000.

Several other large investors have also recently bought and sold shares of PTNQ. OLD Point Trust & Financial Services N A bought a new stake in shares of Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $33,000. Kestra Investment Management LLC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter valued at $38,000. Midwest Capital Advisors LLC acquired a new stake in shares of Pacer Trendpilot 100 ETF during the 4th quarter worth about $64,000. Noble Wealth Management PBC bought a new position in Pacer Trendpilot 100 ETF during the 4th quarter valued at about $85,000. Finally, JPMorgan Chase & Co. grew its stake in Pacer Trendpilot 100 ETF by 259.9% during the third quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock worth $105,000 after buying an additional 1,032 shares during the last quarter.

Pacer Trendpilot 100 ETF Trading Up 0.1 %

NASDAQ PTNQ opened at $67.24 on Friday. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 31.54 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 1-year low of $66.14 and a 1-year high of $77.83. The company has a 50 day moving average of $72.57 and a 200-day moving average of $74.01.

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.