MBL Wealth LLC Makes New $3.38 Million Investment in Pacer Trendpilot 100 ETF $PTNQ

MBL Wealth LLC purchased a new position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 47,385 shares of the company’s stock, valued at approximately $3,382,000.

Several other institutional investors have also added to or reduced their stakes in the business. PFG Advisors boosted its holdings in Pacer Trendpilot 100 ETF by 1.0% in the first quarter. PFG Advisors now owns 19,251 shares of the company’s stock worth $1,367,000 after acquiring an additional 182 shares in the last quarter. FSA Wealth Partners Inc. boosted its holdings in Pacer Trendpilot 100 ETF by 0.9% in the second quarter. FSA Wealth Partners Inc. now owns 22,791 shares of the company’s stock worth $1,627,000 after acquiring an additional 208 shares in the last quarter. Proactive Wealth Strategies LLC boosted its holdings in Pacer Trendpilot 100 ETF by 1.0% in the first quarter. Proactive Wealth Strategies LLC now owns 21,222 shares of the company’s stock worth $1,507,000 after acquiring an additional 216 shares in the last quarter. Noble Wealth Management PBC raised its stake in shares of Pacer Trendpilot 100 ETF by 21.7% in the first quarter. Noble Wealth Management PBC now owns 1,400 shares of the company’s stock worth $99,000 after purchasing an additional 250 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its stake in shares of Pacer Trendpilot 100 ETF by 2.7% in the first quarter. Axxcess Wealth Management LLC now owns 10,615 shares of the company’s stock worth $754,000 after purchasing an additional 279 shares during the last quarter.

Pacer Trendpilot 100 ETF Stock Down 0.4%

Shares of NASDAQ:PTNQ opened at $77.88 on Friday. Pacer Trendpilot 100 ETF has a 52-week low of $65.21 and a 52-week high of $78.44. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 33.04 and a beta of 0.68. The business has a 50-day moving average price of $74.86 and a 200-day moving average price of $71.05.

Pacer Trendpilot 100 ETF Company 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.