ODonnell Financial Services LLC Makes New $3.82 Million Investment in Pacer Trendpilot 100 ETF $PTNQ

ODonnell Financial Services LLC purchased a new position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 42,813 shares of the company’s stock, valued at approximately $3,818,000. Pacer Trendpilot 100 ETF comprises approximately 1.1% of ODonnell Financial Services LLC’s investment portfolio, making the stock its 20th largest position. ODonnell Financial Services LLC owned 0.30% of Pacer Trendpilot 100 ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PTNQ. Money Concepts Capital Corp acquired a new stake in shares of Pacer Trendpilot 100 ETF during the third quarter worth $445,000. Jacobi Capital Management LLC bought a new stake in Pacer Trendpilot 100 ETF in the third quarter valued at about $271,000. Moneco Advisors LLC bought a new stake in Pacer Trendpilot 100 ETF in the third quarter valued at about $3,558,000. Keybank National Association OH bought a new stake in Pacer Trendpilot 100 ETF in the third quarter valued at about $253,000. Finally, Bryn Mawr Trust Advisors LLC acquired a new position in Pacer Trendpilot 100 ETF in the third quarter valued at about $2,987,000.

Pacer Trendpilot 100 ETF Stock Performance

NASDAQ:PTNQ traded down $1.06 during mid-day trading on Friday, hitting $81.93. The company had a trading volume of 27,686 shares, compared to its average volume of 35,572. Pacer Trendpilot 100 ETF has a fifty-two week low of $71.56 and a fifty-two week high of $91.90. The firm has a market cap of $1.16 billion, a P/E ratio of 25.86 and a beta of 0.67. The business’s fifty day moving average is $86.56 and its two-hundred day moving average is $83.27.

About Pacer Trendpilot 100 ETF

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.