Axxcess Wealth Management LLC Cuts Stock Holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Axxcess Wealth Management LLC lowered its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,336 shares of the company’s stock after selling 641 shares during the period. Axxcess Wealth Management LLC owned approximately 0.06% of Pacer Trendpilot 100 ETF worth $765,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of PTNQ. Kestra Investment Management LLC bought a new position in Pacer Trendpilot 100 ETF during the 4th quarter worth approximately $38,000. Midwest Capital Advisors LLC bought a new position in shares of Pacer Trendpilot 100 ETF in the fourth quarter worth approximately $64,000. Noble Wealth Management PBC bought a new position in shares of Pacer Trendpilot 100 ETF in the fourth quarter worth approximately $85,000. JPMorgan Chase & Co. increased 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 worth $105,000 after buying an additional 1,032 shares during the period. Finally, IFP Advisors Inc raised its holdings in Pacer Trendpilot 100 ETF by 43.8% during the 4th quarter. IFP Advisors Inc now owns 1,516 shares of the company’s stock valued at $112,000 after buying an additional 462 shares during the last quarter.

Pacer Trendpilot 100 ETF Stock Down 0.2 %

Shares of PTNQ opened at $71.73 on Friday. The firm has a fifty day simple moving average of $74.33 and a two-hundred day simple moving average of $74.23. Pacer Trendpilot 100 ETF has a twelve month low of $66.14 and a twelve month high of $77.83. The stock has a market capitalization of $1.29 billion, a P/E ratio of 31.17 and a beta of 0.68.

Pacer Trendpilot 100 ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 27th were paid a $1.4487 dividend. 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.