IHT Wealth Management LLC lessened its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Free Report) by 42.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,363 shares of the company’s stock after selling 2,431 shares during the quarter. IHT Wealth Management LLC’s holdings in Pacer Trendpilot 100 ETF were worth $249,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. OLD Point Trust & Financial Services N A acquired a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter valued at $33,000. Kestra Investment Management LLC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth about $38,000. Midwest Capital Advisors LLC acquired a new stake in Pacer Trendpilot 100 ETF in the 4th quarter valued at about $64,000. Noble Wealth Management PBC bought a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter valued at about $85,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Pacer Trendpilot 100 ETF by 259.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock worth $105,000 after purchasing an additional 1,032 shares during the last quarter.
Pacer Trendpilot 100 ETF Stock Up 0.1 %
PTNQ opened at $67.25 on Monday. The firm has a market cap of $1.21 billion, a PE ratio of 28.53 and a beta of 0.68. The business has a fifty day simple moving average of $70.66 and a 200-day simple moving average of $73.56. Pacer Trendpilot 100 ETF has a fifty-two week low of $66.81 and a fifty-two week high of $77.83.
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.
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