Axxcess Wealth Management LLC Lowers Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Axxcess Wealth Management LLC cut its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 12.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,043 shares of the company’s stock after selling 1,573 shares during the quarter. Axxcess Wealth Management LLC owned 0.06% of Pacer Trendpilot 100 ETF worth $758,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Concourse Financial Group Securities Inc. bought a new position in shares of Pacer Trendpilot 100 ETF in the first quarter valued at approximately $27,000. PSI Advisors LLC grew its holdings in shares of Pacer Trendpilot 100 ETF by 114.1% in the first quarter. PSI Advisors LLC now owns 683 shares of the company’s stock valued at $47,000 after acquiring an additional 364 shares in the last quarter. Register Financial Advisors LLC bought a new position in shares of Pacer Trendpilot 100 ETF in the first quarter valued at approximately $59,000. EP Wealth Advisors LLC bought a new position in shares of Pacer Trendpilot 100 ETF in the fourth quarter valued at approximately $101,000. Finally, EverSource Wealth Advisors LLC bought a new position in shares of Pacer Trendpilot 100 ETF in the fourth quarter valued at approximately $107,000.

Pacer Trendpilot 100 ETF Trading Up 0.5 %

Shares of PTNQ stock traded up $0.35 during trading on Friday, hitting $70.79. The company’s stock had a trading volume of 39,717 shares, compared to its average volume of 55,477. The company has a market cap of $1.26 billion, a PE ratio of 35.78 and a beta of 0.68. The business has a fifty day moving average of $71.58 and a 200-day moving average of $68.99. Pacer Trendpilot 100 ETF has a 52 week low of $60.27 and a 52 week 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.