Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Shares Purchased by LPL Financial LLC

LPL Financial LLC boosted its holdings in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 6.6% in the fourth quarter, HoldingsChannel reports. The firm owned 1,343,781 shares of the company’s stock after buying an additional 83,719 shares during the period. LPL Financial LLC owned 0.07% of Pacer Trendpilot 100 ETF worth $99,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in PTNQ. OLD Point Trust & Financial Services N A purchased a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter valued at about $33,000. Kestra Investment Management LLC acquired a new stake in Pacer Trendpilot 100 ETF during the fourth quarter worth about $38,000. Midwest Capital Advisors LLC acquired a new stake in Pacer Trendpilot 100 ETF during the fourth quarter worth about $64,000. Noble Wealth Management PBC purchased a new position in Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $85,000. Finally, JPMorgan Chase & Co. lifted its holdings in Pacer Trendpilot 100 ETF by 259.9% in the third quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock valued at $105,000 after acquiring an additional 1,032 shares during the period.

Pacer Trendpilot 100 ETF Price Performance

Shares of NASDAQ PTNQ opened at $73.05 on Wednesday. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 31.17 and a beta of 0.68. The firm’s 50 day simple moving average is $74.25 and its 200-day simple moving average is $74.31. Pacer Trendpilot 100 ETF has a 12 month low of $66.14 and a 12 month high of $77.83.

Pacer Trendpilot 100 ETF Dividend Announcement

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