Stephens Inc. AR Has $5.70 Million Stock Position in Pacer Trendpilot 100 ETF $PTNQ

Stephens Inc. AR decreased its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 5.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,800 shares of the company’s stock after selling 4,824 shares during the period. Stephens Inc. AR owned 0.46% of Pacer Trendpilot 100 ETF worth $5,695,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Stratos Wealth Partners LTD. lifted its position in Pacer Trendpilot 100 ETF by 0.8% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 19,743 shares of the company’s stock worth $1,409,000 after buying an additional 164 shares in the last quarter. Harbour Investments Inc. lifted its position in Pacer Trendpilot 100 ETF by 3.2% during the 2nd quarter. Harbour Investments Inc. now owns 13,933 shares of the company’s stock worth $994,000 after buying an additional 427 shares in the last quarter. Cyndeo Wealth Partners LLC acquired a new position in Pacer Trendpilot 100 ETF during the 2nd quarter worth about $254,000. IFP Advisors Inc lifted its position in Pacer Trendpilot 100 ETF by 27.9% during the 2nd quarter. IFP Advisors Inc now owns 5,818 shares of the company’s stock worth $415,000 after buying an additional 1,269 shares in the last quarter. Finally, DAVENPORT & Co LLC lifted its position in Pacer Trendpilot 100 ETF by 2.1% during the 2nd quarter. DAVENPORT & Co LLC now owns 8,344 shares of the company’s stock worth $596,000 after buying an additional 175 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Down 0.0%

Shares of NASDAQ PTNQ opened at $79.03 on Wednesday. The firm’s 50-day simple moving average is $76.01 and its 200 day simple moving average is $71.62. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 33.04 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 12-month low of $65.21 and a 12-month high of $79.18.

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.