Pacer Trendpilot 100 ETF $PTNQ is Gimbal Financial’s 10th Largest Position

Gimbal Financial lessened its position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 27.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 38,461 shares of the company’s stock after selling 14,256 shares during the quarter. Pacer Trendpilot 100 ETF makes up about 1.7% of Gimbal Financial’s investment portfolio, making the stock its 10th largest holding. Gimbal Financial owned about 0.22% of Pacer Trendpilot 100 ETF worth $2,745,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trust Co. of Vermont purchased a new position in Pacer Trendpilot 100 ETF in the 2nd quarter worth about $66,000. Continuum Advisory LLC lifted its position in Pacer Trendpilot 100 ETF by 404.2% during the first quarter. Continuum Advisory LLC now owns 1,321 shares of the company’s stock valued at $94,000 after purchasing an additional 1,059 shares in the last quarter. Assetmark Inc. lifted its position in shares of Pacer Trendpilot 100 ETF by 494.8% in the first quarter. Assetmark Inc. now owns 2,522 shares of the company’s stock valued at $179,000 after acquiring an additional 2,098 shares in the last quarter. HBW Advisory Services LLC purchased a new position in shares of Pacer Trendpilot 100 ETF in the second quarter valued at about $237,000. Finally, Schmidt P J Investment Management Inc. lifted its position in shares of Pacer Trendpilot 100 ETF by 24.2% in the first quarter. Schmidt P J Investment Management Inc. now owns 3,363 shares of the company’s stock worth $239,000 after buying an additional 655 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

PTNQ opened at $79.03 on Wednesday. The stock’s 50 day moving average price is $76.01 and its 200-day moving average price is $71.62. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 33.04 and a beta of 0.68. Pacer Trendpilot 100 ETF has a one year low of $65.21 and a one year high of $79.18.

About Pacer Trendpilot 100 ETF

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.