Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. cut its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 45.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,624 shares of the company’s stock after selling 9,856 shares during the quarter. B. Riley Wealth Advisors Inc. owned approximately 0.07% of Pacer Trendpilot 100 ETF worth $771,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its stake in shares of Pacer Trendpilot 100 ETF by 26.9% in the third quarter. Janney Montgomery Scott LLC now owns 12,218 shares of the company’s stock worth $751,000 after acquiring an additional 2,592 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in Pacer Trendpilot 100 ETF by 2.1% during the 3rd quarter. Kestra Advisory Services LLC now owns 12,113 shares of the company’s stock worth $744,000 after purchasing an additional 247 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Pacer Trendpilot 100 ETF by 10.5% during the third quarter. LPL Financial LLC now owns 956,585 shares of the company’s stock worth $58,773,000 after buying an additional 91,183 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Pacer Trendpilot 100 ETF by 1.5% during the third quarter. Stifel Financial Corp now owns 341,478 shares of the company’s stock worth $20,980,000 after buying an additional 5,116 shares in the last quarter. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of Pacer Trendpilot 100 ETF in the third quarter valued at about $756,000.

Pacer Trendpilot 100 ETF Price Performance

Shares of Pacer Trendpilot 100 ETF stock opened at $72.04 on Friday. The stock’s 50 day simple moving average is $69.32 and its 200-day simple moving average is $67.78. The stock has a market cap of $1.27 billion, a P/E ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 1-year low of $60.27 and a 1-year high of $72.56.

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.