Jacobi Capital Management LLC Makes New $225,000 Investment in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Jacobi Capital Management LLC acquired a new position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,040 shares of the company’s stock, valued at approximately $225,000.

A number of other hedge funds have also recently added to or reduced their stakes in PTNQ. Brookstone Capital Management increased its stake in Pacer Trendpilot 100 ETF by 1,078.2% during the 4th quarter. Brookstone Capital Management now owns 165,103 shares of the company’s stock worth $12,221,000 after acquiring an additional 151,090 shares during the period. Proactive Wealth Strategies LLC acquired a new stake in shares of Pacer Trendpilot 100 ETF in the 3rd quarter valued at $1,414,000. Clear Creek Financial Management LLC boosted its holdings in shares of Pacer Trendpilot 100 ETF by 141.4% in the 4th quarter. Clear Creek Financial Management LLC now owns 29,009 shares of the company’s stock valued at $2,147,000 after purchasing an additional 16,991 shares in the last quarter. Prospera Financial Services Inc boosted its holdings in shares of Pacer Trendpilot 100 ETF by 42.5% in the 3rd quarter. Prospera Financial Services Inc now owns 51,499 shares of the company’s stock valued at $3,777,000 after purchasing an additional 15,369 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in shares of Pacer Trendpilot 100 ETF by 9.3% in the 4th quarter. Pacer Advisors Inc. now owns 149,972 shares of the company’s stock valued at $11,101,000 after purchasing an additional 12,701 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

Shares of PTNQ stock opened at $73.24 on Tuesday. The stock’s fifty day moving average price is $75.16 and its two-hundred day moving average price is $74.28. The company has a market cap of $1.32 billion, a PE ratio of 34.58 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 Announces Dividend

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

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.