UBS Group AG Acquires 7,090 Shares of Pacer Trendpilot 100 ETF $PTNQ

UBS Group AG lifted its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 256,991 shares of the company’s stock after acquiring an additional 7,090 shares during the period. UBS Group AG owned 1.59% of Pacer Trendpilot 100 ETF worth $20,212,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC purchased a new stake in Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $40,000. Flagship Harbor Advisors LLC bought a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter valued at approximately $55,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Pacer Trendpilot 100 ETF during the 2nd quarter valued at approximately $58,000. Salomon & Ludwin LLC purchased a new stake in Pacer Trendpilot 100 ETF during the 4th quarter valued at $81,000. Finally, JPMorgan Chase & Co. raised its holdings in Pacer Trendpilot 100 ETF by 259.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,358 shares of the company’s stock valued at $105,000 after buying an additional 980 shares during the period.

Pacer Trendpilot 100 ETF Stock Up 0.3%

NASDAQ PTNQ opened at $85.95 on Tuesday. The company has a fifty day moving average of $77.15 and a two-hundred day moving average of $78.50. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 33.04 and a beta of 0.63. Pacer Trendpilot 100 ETF has a 52 week low of $65.21 and a 52 week high of $86.13.

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.