Thoroughbred Financial Services LLC Makes New Investment in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Thoroughbred Financial Services LLC purchased a new position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the 4th quarter, Holdings Channel reports. The firm purchased 17,439 shares of the company’s stock, valued at approximately $1,290,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Hilltop Holdings Inc. purchased a new position in Pacer Trendpilot 100 ETF in the 3rd quarter worth about $256,000. Vienna Asset Management LLC boosted its holdings in shares of Pacer Trendpilot 100 ETF by 21.8% during the 3rd quarter. Vienna Asset Management LLC now owns 39,176 shares of the company’s stock valued at $2,873,000 after acquiring an additional 7,021 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Pacer Trendpilot 100 ETF by 54.5% in the third quarter. Jane Street Group LLC now owns 6,681 shares of the company’s stock worth $490,000 after acquiring an additional 2,358 shares during the period. Orion Portfolio Solutions LLC raised its holdings in shares of Pacer Trendpilot 100 ETF by 6.5% during the third quarter. Orion Portfolio Solutions LLC now owns 9,542 shares of the company’s stock valued at $700,000 after purchasing an additional 585 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in Pacer Trendpilot 100 ETF by 0.5% during the third quarter. MML Investors Services LLC now owns 39,392 shares of the company’s stock valued at $2,889,000 after purchasing an additional 195 shares during the period.

Pacer Trendpilot 100 ETF Trading Down 3.3 %

NASDAQ:PTNQ opened at $67.03 on Friday. The company has a market cap of $1.21 billion, a PE ratio of 31.54 and a beta of 0.68. The company has a 50 day simple moving average of $73.51 and a two-hundred day simple moving average of $74.23. Pacer Trendpilot 100 ETF has a 12 month low of $66.14 and a 12 month high of $77.83.

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.