Clarus Group Inc. Lowers Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Clarus Group Inc. trimmed its position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 25.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,882 shares of the company’s stock after selling 1,309 shares during the quarter. Clarus Group Inc.’s holdings in Pacer Trendpilot 100 ETF were worth $287,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in PTNQ. Assetmark Inc. acquired a new position in Pacer Trendpilot 100 ETF during the 3rd quarter worth approximately $31,000. JPMorgan Chase & Co. boosted its stake in shares of Pacer Trendpilot 100 ETF by 259.9% in the third quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock valued at $105,000 after buying an additional 1,032 shares in the last quarter. NBC Securities Inc. grew its holdings in Pacer Trendpilot 100 ETF by 17.2% during the third quarter. NBC Securities Inc. now owns 2,468 shares of the company’s stock worth $180,000 after acquiring an additional 363 shares during the period. Tyche Wealth Partners LLC purchased a new position in Pacer Trendpilot 100 ETF in the third quarter worth $202,000. Finally, Hilltop Holdings Inc. acquired a new stake in Pacer Trendpilot 100 ETF in the third quarter valued at $256,000.

Pacer Trendpilot 100 ETF Stock Up 0.8 %

NASDAQ:PTNQ opened at $75.78 on Tuesday. The firm’s fifty day simple moving average is $75.52 and its 200-day simple moving average is $73.69. The stock has a market cap of $1.37 billion, a PE ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a fifty-two week low of $66.14 and a fifty-two week high of $77.83.

Pacer Trendpilot 100 ETF Dividend Announcement

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

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.