MONECO Advisors LLC Boosts Stock Holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

MONECO Advisors LLC raised its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,814 shares of the company’s stock after purchasing an additional 1,551 shares during the quarter. MONECO Advisors LLC owned 0.21% of Pacer Trendpilot 100 ETF worth $2,340,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Zimmermann Investment Management & Planning LLC grew its holdings in shares of Pacer Trendpilot 100 ETF by 39.4% in the 4th quarter. Zimmermann Investment Management & Planning LLC now owns 90,204 shares of the company’s stock worth $5,893,000 after acquiring an additional 25,473 shares during the period. Western Wealth Management LLC raised its holdings in Pacer Trendpilot 100 ETF by 32.4% in the 3rd quarter. Western Wealth Management LLC now owns 42,084 shares of the company’s stock valued at $2,586,000 after acquiring an additional 10,294 shares during the last quarter. Burns Matteson Capital Management LLC purchased a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter worth $220,000. Private Advisor Group LLC lifted its position in Pacer Trendpilot 100 ETF by 10.2% during the third quarter. Private Advisor Group LLC now owns 46,278 shares of the company’s stock worth $2,843,000 after buying an additional 4,283 shares during the period. Finally, Tempus Wealth Planning LLC boosted its position in shares of Pacer Trendpilot 100 ETF by 9.9% in the fourth quarter. Tempus Wealth Planning LLC now owns 6,126 shares of the company’s stock worth $400,000 after acquiring an additional 550 shares during the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

Shares of PTNQ traded down $0.68 during trading hours on Tuesday, hitting $67.18. The stock had a trading volume of 49,568 shares, compared to its average volume of 58,337. The company’s fifty day simple moving average is $68.04 and its 200 day simple moving average is $65.93. Pacer Trendpilot 100 ETF has a 12-month low of $53.97 and a 12-month high of $69.10. The firm has a market cap of $1.18 billion, a P/E ratio of 34.73 and a beta of 0.68.

Pacer Trendpilot 100 ETF Company 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.