Stephens Inc. AR Has $6.57 Million Stock Holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Stephens Inc. AR lessened its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 8.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 89,566 shares of the company’s stock after selling 7,957 shares during the quarter. Stephens Inc. AR’s holdings in Pacer Trendpilot 100 ETF were worth $6,568,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in PTNQ. Concourse Financial Group Securities Inc. acquired a new stake in shares of Pacer Trendpilot 100 ETF during the first quarter worth approximately $27,000. Oppenheimer & Co. Inc. increased its holdings in shares of Pacer Trendpilot 100 ETF by 4.8% during the first quarter. Oppenheimer & Co. Inc. now owns 16,031 shares of the company’s stock worth $1,101,000 after buying an additional 735 shares in the last quarter. Gimbal Financial increased its holdings in shares of Pacer Trendpilot 100 ETF by 10.1% during the second quarter. Gimbal Financial now owns 44,641 shares of the company’s stock worth $3,263,000 after buying an additional 4,078 shares in the last quarter. Avantax Advisory Services Inc. increased its holdings in shares of Pacer Trendpilot 100 ETF by 12.7% during the first quarter. Avantax Advisory Services Inc. now owns 131,574 shares of the company’s stock worth $9,037,000 after buying an additional 14,874 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Pacer Trendpilot 100 ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 84,710 shares of the company’s stock worth $6,107,000 after buying an additional 628 shares in the last quarter.

Pacer Trendpilot 100 ETF Trading Up 0.2 %

NASDAQ PTNQ opened at $73.26 on Friday. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 35.78 and a beta of 0.68. The company has a 50 day moving average of $72.68 and a 200-day moving average of $71.25. Pacer Trendpilot 100 ETF has a 1-year low of $61.87 and a 1-year high of $74.45.

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.