Bryn Mawr Trust Advisors LLC lifted its position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Free Report) by 95.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 42,315 shares of the company’s stock after buying an additional 20,716 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Pacer Trendpilot 100 ETF were worth $3,328,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in PTNQ. Farther Finance Advisors LLC bought a new stake in shares of Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $40,000. Flagship Harbor Advisors LLC bought a new stake in shares of Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $55,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Pacer Trendpilot 100 ETF in the second quarter worth approximately $58,000. Salomon & Ludwin LLC purchased a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth approximately $81,000. Finally, JPMorgan Chase & Co. boosted its holdings in Pacer Trendpilot 100 ETF by 259.3% in the third quarter. JPMorgan Chase & Co. now owns 1,358 shares of the company’s stock worth $105,000 after purchasing an additional 980 shares during the last quarter.
Pacer Trendpilot 100 ETF Trading Up 2.3%
Shares of PTNQ stock opened at $85.69 on Friday. Pacer Trendpilot 100 ETF has a 12-month low of $65.21 and a 12-month high of $85.77. The firm’s 50 day moving average is $76.85 and its 200 day moving average is $78.40. The stock has a market capitalization of $1.33 billion, a P/E ratio of 33.04 and a beta of 0.63.
Pacer Trendpilot 100 ETF 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.
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Want to see what other hedge funds are holding PTNQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Free Report).
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