Assetmark Inc. Takes Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Assetmark Inc. purchased a new position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 424 shares of the company’s stock, valued at approximately $31,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cetera Investment Advisers grew its holdings in shares of Pacer Trendpilot 100 ETF by 264.3% during the first quarter. Cetera Investment Advisers now owns 388,227 shares of the company’s stock worth $26,663,000 after buying an additional 281,662 shares in the last quarter. Cetera Advisors LLC grew its stake in Pacer Trendpilot 100 ETF by 45.0% during the 1st quarter. Cetera Advisors LLC now owns 200,280 shares of the company’s stock valued at $13,755,000 after acquiring an additional 62,136 shares in the last quarter. Atria Wealth Solutions Inc. raised its holdings in Pacer Trendpilot 100 ETF by 38.7% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 157,050 shares of the company’s stock valued at $11,322,000 after acquiring an additional 43,817 shares during the last quarter. LPL Financial LLC lifted its stake in Pacer Trendpilot 100 ETF by 3.1% in the 2nd quarter. LPL Financial LLC now owns 1,274,134 shares of the company’s stock worth $91,852,000 after purchasing an additional 38,671 shares in the last quarter. Finally, ODonnell Financial Services LLC grew its position in shares of Pacer Trendpilot 100 ETF by 18.0% in the second quarter. ODonnell Financial Services LLC now owns 208,299 shares of the company’s stock valued at $15,016,000 after purchasing an additional 31,813 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

Shares of Pacer Trendpilot 100 ETF stock opened at $74.58 on Wednesday. The business’s 50 day moving average price is $73.47 and its 200 day moving average price is $71.90. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a one year low of $63.85 and a one year high of $75.71.

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.