Commonwealth Equity Services LLC Sells 6,432 Shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Commonwealth Equity Services LLC reduced its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 3.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 193,918 shares of the company’s stock after selling 6,432 shares during the period. Commonwealth Equity Services LLC owned about 1.09% of Pacer Trendpilot 100 ETF worth $13,980,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CreativeOne Wealth LLC raised its holdings in shares of Pacer Trendpilot 100 ETF by 1.3% in the first quarter. CreativeOne Wealth LLC now owns 12,361 shares of the company’s stock valued at $849,000 after purchasing an additional 164 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in Pacer Trendpilot 100 ETF by 0.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 28,711 shares of the company’s stock worth $2,070,000 after purchasing an additional 183 shares in the last quarter. Western Wealth Management LLC increased its stake in Pacer Trendpilot 100 ETF by 0.5% in the 2nd quarter. Western Wealth Management LLC now owns 43,050 shares of the company’s stock valued at $3,104,000 after buying an additional 207 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of Pacer Trendpilot 100 ETF by 1.4% during the 1st quarter. Arkadios Wealth Advisors now owns 14,932 shares of the company’s stock worth $1,026,000 after buying an additional 208 shares in the last quarter. Finally, XML Financial LLC boosted its stake in shares of Pacer Trendpilot 100 ETF by 2.3% in the 1st quarter. XML Financial LLC now owns 12,327 shares of the company’s stock worth $847,000 after buying an additional 278 shares during the last quarter.

Pacer Trendpilot 100 ETF Stock Down 1.4 %

PTNQ stock opened at $70.95 on Wednesday. The business has a 50 day moving average of $71.75 and a 200-day moving average of $69.88. The firm has a market cap of $1.26 billion, a PE ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 12-month low of $60.27 and a 12-month high of $74.13.

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.