PKS Advisory Services LLC Invests $1.39 Million in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

PKS Advisory Services LLC bought a new stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,796 shares of the company’s stock, valued at approximately $1,391,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC increased its position in Pacer Trendpilot 100 ETF by 6.6% during the fourth quarter. LPL Financial LLC now owns 1,343,781 shares of the company’s stock valued at $99,467,000 after acquiring an additional 83,719 shares during the last quarter. Raymond James Financial Inc. bought a new position in Pacer Trendpilot 100 ETF during the 4th quarter valued at about $58,178,000. Avantax Advisory Services Inc. lifted its stake in Pacer Trendpilot 100 ETF by 11.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 193,718 shares of the company’s stock worth $14,339,000 after purchasing an additional 19,493 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Pacer Trendpilot 100 ETF by 5.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 192,367 shares of the company’s stock valued at $14,239,000 after buying an additional 9,494 shares during the period. Finally, Brookstone Capital Management grew its stake in shares of Pacer Trendpilot 100 ETF by 1,078.2% during the fourth quarter. Brookstone Capital Management now owns 165,103 shares of the company’s stock valued at $12,221,000 after buying an additional 151,090 shares during the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

Shares of NASDAQ PTNQ opened at $72.64 on Tuesday. The business’s 50 day moving average price is $74.27 and its 200-day moving average price is $74.29. Pacer Trendpilot 100 ETF has a fifty-two week low of $66.14 and a fifty-two week high of $77.83. The company has a market cap of $1.31 billion, a price-to-earnings ratio of 31.17 and a beta of 0.68.

Pacer Trendpilot 100 ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 27th were paid a dividend of $1.4487 per share. The ex-dividend date was Friday, December 27th.

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.