Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Shares Purchased by MONECO Advisors LLC

MONECO Advisors LLC boosted its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 4.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,814 shares of the company’s stock after buying an additional 1,551 shares during the period. MONECO Advisors LLC owned 0.21% of Pacer Trendpilot 100 ETF worth $2,340,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. EP Wealth Advisors LLC purchased a new stake in Pacer Trendpilot 100 ETF during the fourth quarter valued at about $101,000. EverSource Wealth Advisors LLC acquired a new stake in Pacer Trendpilot 100 ETF during the 4th quarter worth approximately $107,000. Silver Oak Securities Incorporated acquired a new stake in Pacer Trendpilot 100 ETF during the 4th quarter worth approximately $205,000. Burns Matteson Capital Management LLC purchased a new position in Pacer Trendpilot 100 ETF in the fourth quarter valued at approximately $220,000. Finally, Sovereign Financial Group Inc. acquired a new position in Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $314,000.

Pacer Trendpilot 100 ETF Stock Performance

Shares of PTNQ stock traded up $0.61 during trading hours on Monday, reaching $72.54. The company had a trading volume of 41,266 shares, compared to its average volume of 56,782. The company has a market capitalization of $1.28 billion, a P/E ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a twelve month low of $60.27 and a twelve month high of $72.54. The stock’s fifty day simple moving average is $68.94 and its 200 day simple moving average is $67.55.

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.