LPL Financial LLC Increases Stock Holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

LPL Financial LLC grew its holdings in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 6.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,343,781 shares of the company’s stock after purchasing an additional 83,719 shares during the quarter. LPL Financial LLC owned approximately 7.44% of Pacer Trendpilot 100 ETF worth $99,467,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. OLD Point Trust & Financial Services N A purchased a new stake in Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $33,000. Kestra Investment Management LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF in the 4th quarter worth $38,000. Midwest Capital Advisors LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF in the 4th quarter worth $64,000. Noble Wealth Management PBC bought a new position in Pacer Trendpilot 100 ETF in the 4th quarter worth $85,000. Finally, JPMorgan Chase & Co. lifted its position in Pacer Trendpilot 100 ETF by 259.9% during the third quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock valued at $105,000 after purchasing an additional 1,032 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Up 0.6 %

Shares of PTNQ opened at $73.05 on Wednesday. The business has a 50-day simple moving average of $74.25 and a two-hundred day simple moving average of $74.31. Pacer Trendpilot 100 ETF has a 52 week low of $66.14 and a 52 week high of $77.83. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 31.17 and a beta of 0.68.

Pacer Trendpilot 100 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 27th were paid a dividend of $1.4487 per share. The ex-dividend date was Friday, December 27th.

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.