Stegent Equity Advisors Inc. Purchases New Stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Stegent Equity Advisors Inc. bought a new stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 14,725 shares of the company’s stock, valued at approximately $962,000. Stegent Equity Advisors Inc. owned about 0.09% of Pacer Trendpilot 100 ETF as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its position in Pacer Trendpilot 100 ETF by 0.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 141,936 shares of the company’s stock valued at $8,721,000 after acquiring an additional 1,182 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Pacer Trendpilot 100 ETF by 2.8% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 324,887 shares of the company’s stock valued at $19,961,000 after purchasing an additional 8,976 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in Pacer Trendpilot 100 ETF by 1.9% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 537,868 shares of the company’s stock worth $33,047,000 after acquiring an additional 10,254 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in Pacer Trendpilot 100 ETF by 123.7% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 17,900 shares of the company’s stock valued at $1,100,000 after purchasing an additional 9,897 shares during the period. Finally, Advisor Resource Council increased its position in Pacer Trendpilot 100 ETF by 5.8% during the third quarter. Advisor Resource Council now owns 16,750 shares of the company’s stock worth $1,029,000 after acquiring an additional 925 shares during the period.

Pacer Trendpilot 100 ETF Stock Down 0.8 %

Shares of NASDAQ:PTNQ traded down $0.52 during trading on Tuesday, reaching $67.34. 49,034 shares of the company traded hands, compared to its average volume of 58,272. Pacer Trendpilot 100 ETF has a 52 week low of $53.97 and a 52 week high of $69.10. The company’s 50 day moving average is $68.04 and its two-hundred day moving average is $65.93. The firm has a market capitalization of $1.18 billion, a PE ratio of 34.73 and a beta of 0.68.

Pacer Trendpilot 100 ETF Company 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.