Bryn Mawr Trust Advisors LLC Purchases Shares of 21,599 Pacer Trendpilot 100 ETF $PTNQ

Bryn Mawr Trust Advisors LLC acquired a new position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,599 shares of the company’s stock, valued at approximately $1,675,000.

A number of other hedge funds have also modified their holdings of the company. Avantax Advisory Services Inc. raised its position in Pacer Trendpilot 100 ETF by 36.2% in the 2nd quarter. Avantax Advisory Services Inc. now owns 270,924 shares of the company’s stock valued at $19,336,000 after buying an additional 71,962 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Pacer Trendpilot 100 ETF by 76.8% during the 2nd quarter. NewEdge Advisors LLC now owns 149,890 shares of the company’s stock worth $10,698,000 after acquiring an additional 65,118 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Pacer Trendpilot 100 ETF by 42.5% in the second quarter. Geneos Wealth Management Inc. now owns 183,469 shares of the company’s stock valued at $13,094,000 after purchasing an additional 54,682 shares during the last quarter. MBL Wealth LLC acquired a new stake in shares of Pacer Trendpilot 100 ETF in the second quarter valued at approximately $3,382,000. Finally, Napa Wealth Management bought a new stake in shares of Pacer Trendpilot 100 ETF in the second quarter worth $1,857,000.

Pacer Trendpilot 100 ETF Trading Down 1.3%

Shares of PTNQ opened at $79.55 on Friday. Pacer Trendpilot 100 ETF has a 12 month low of $65.21 and a 12 month high of $82.21. The firm has a fifty day simple moving average of $79.71 and a 200 day simple moving average of $77.43. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 33.04 and a beta of 0.55.

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.