Pacer Trendpilot 100 ETF $PTNQ Shares Newly Bought by Mather Group LLC.

Mather Group LLC. bought a new stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the third quarter, Holdings Channel reports. The fund bought 16,295 shares of the company’s stock, valued at approximately $1,453,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PTNQ. Trust Co. of Vermont bought a new stake in shares of Pacer Trendpilot 100 ETF in the 2nd quarter worth approximately $61,000. Realta Investment Advisors purchased a new stake in shares of Pacer Trendpilot 100 ETF in the 1st quarter worth approximately $55,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Pacer Trendpilot 100 ETF during the 4th quarter valued at approximately $73,000. Virginia Estate & Retirement Planning Advisors Inc. bought a new position in Pacer Trendpilot 100 ETF during the 3rd quarter valued at approximately $94,000. Finally, Continuum Advisory LLC bought a new position in Pacer Trendpilot 100 ETF during the 2nd quarter valued at approximately $94,000.

Pacer Trendpilot 100 ETF Trading Down 2.5%

NASDAQ:PTNQ traded down $2.18 during trading hours on Friday, reaching $85.64. 16,685 shares of the company traded hands, compared to its average volume of 35,619. The business’s 50-day moving average price is $87.61 and its two-hundred day moving average price is $84.99. The stock has a market capitalization of $1.23 billion, a P/E ratio of 33.04 and a beta of 0.65. Pacer Trendpilot 100 ETF has a 1 year low of $71.56 and a 1 year high of $91.90.

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.