Stephens Inc. AR Cuts Position in Pacer Trendpilot 100 ETF $PTNQ

Stephens Inc. AR decreased its position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 13.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,822 shares of the company’s stock after selling 10,978 shares during the period. Stephens Inc. AR owned approximately 0.42% of Pacer Trendpilot 100 ETF worth $5,336,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Avantax Advisory Services Inc. increased its position in shares of Pacer Trendpilot 100 ETF by 36.2% during the 2nd quarter. Avantax Advisory Services Inc. now owns 270,924 shares of the company’s stock valued at $19,336,000 after purchasing an additional 71,962 shares during the last quarter. ODonnell Financial Services LLC boosted its stake in Pacer Trendpilot 100 ETF by 2.3% in the second quarter. ODonnell Financial Services LLC now owns 219,653 shares of the company’s stock worth $15,677,000 after buying an additional 4,868 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Pacer Trendpilot 100 ETF by 42.5% during the second quarter. Geneos Wealth Management Inc. now owns 183,469 shares of the company’s stock valued at $13,094,000 after acquiring an additional 54,682 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in Pacer Trendpilot 100 ETF by 11.2% during the second quarter. Creative Financial Designs Inc. ADV now owns 180,961 shares of the company’s stock valued at $12,915,000 after acquiring an additional 18,184 shares during the last quarter. Finally, Pacer Advisors Inc. raised its stake in shares of Pacer Trendpilot 100 ETF by 3.7% during the third quarter. Pacer Advisors Inc. now owns 162,672 shares of the company’s stock worth $12,612,000 after acquiring an additional 5,818 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

Shares of Pacer Trendpilot 100 ETF stock opened at $79.57 on Friday. Pacer Trendpilot 100 ETF has a 52-week low of $65.21 and a 52-week high of $82.21. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 33.04 and a beta of 0.55. The company has a fifty day moving average of $79.38 and a 200-day moving average of $76.76.

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.