Janney Montgomery Scott LLC Grows Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Janney Montgomery Scott LLC raised its position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 10.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,602 shares of the company’s stock after acquiring an additional 2,250 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.13% of Pacer Trendpilot 100 ETF worth $1,731,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of PTNQ. Ridgewood Investments LLC bought a new position in Pacer Trendpilot 100 ETF in the second quarter valued at about $40,000. PSI Advisors LLC lifted its holdings in Pacer Trendpilot 100 ETF by 69.5% in the second quarter. PSI Advisors LLC now owns 1,158 shares of the company’s stock valued at $83,000 after acquiring an additional 475 shares during the period. Concourse Financial Group Securities Inc. lifted its holdings in Pacer Trendpilot 100 ETF by 355.0% in the second quarter. Concourse Financial Group Securities Inc. now owns 1,820 shares of the company’s stock valued at $131,000 after acquiring an additional 1,420 shares during the period. NBC Securities Inc. lifted its holdings in Pacer Trendpilot 100 ETF by 17.2% in the third quarter. NBC Securities Inc. now owns 2,468 shares of the company’s stock valued at $180,000 after acquiring an additional 363 shares during the period. Finally, Tyche Wealth Partners LLC bought a new position in Pacer Trendpilot 100 ETF in the third quarter valued at about $202,000.

Pacer Trendpilot 100 ETF Stock Performance

PTNQ stock opened at $75.46 on Thursday. Pacer Trendpilot 100 ETF has a fifty-two week low of $63.84 and a fifty-two week high of $75.71. The business’s 50-day moving average is $73.12 and its two-hundred day moving average is $71.69. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 35.78 and a beta of 0.68.

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.