Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Sets New 12-Month High – Here’s What Happened

Shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $76.81 and last traded at $76.81, with a volume of 2074 shares trading hands. The stock had previously closed at $76.12.

Pacer Trendpilot 100 ETF Trading Up 1.1 %

The stock has a market cap of $1.39 billion, a PE ratio of 35.78 and a beta of 0.68. The company has a fifty day moving average of $74.46 and a 200-day moving average of $72.61.

Institutional Investors Weigh In On Pacer Trendpilot 100 ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Assetmark Inc. purchased a new stake in Pacer Trendpilot 100 ETF during the 3rd quarter worth about $31,000. Ridgewood Investments LLC acquired a new position in shares of Pacer Trendpilot 100 ETF during the 2nd quarter worth about $40,000. PSI Advisors LLC boosted its position in shares of Pacer Trendpilot 100 ETF by 69.5% during the 2nd quarter. PSI Advisors LLC now owns 1,158 shares of the company’s stock worth $83,000 after acquiring an additional 475 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its position in shares of Pacer Trendpilot 100 ETF by 355.0% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,820 shares of the company’s stock worth $131,000 after acquiring an additional 1,420 shares in the last quarter. Finally, NBC Securities Inc. boosted its position in shares of Pacer Trendpilot 100 ETF by 17.2% during the 3rd quarter. NBC Securities Inc. now owns 2,468 shares of the company’s stock worth $180,000 after acquiring an additional 363 shares in the last quarter.

Pacer Trendpilot 100 ETF Company Profile

(Get Free Report)

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.

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