Pacer Trendpilot 100 ETF $PTNQ Shares Sold by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. lowered its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 14.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,375 shares of the company’s stock after selling 589 shares during the period. Stegent Equity Advisors Inc.’s holdings in Pacer Trendpilot 100 ETF were worth $241,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in PTNQ. Trust Co. of Vermont acquired a new stake in shares of Pacer Trendpilot 100 ETF during the second quarter valued at $66,000. Assetmark Inc. boosted its stake in Pacer Trendpilot 100 ETF by 494.8% in the 1st quarter. Assetmark Inc. now owns 2,522 shares of the company’s stock worth $179,000 after buying an additional 2,098 shares during the last quarter. HBW Advisory Services LLC acquired a new stake in Pacer Trendpilot 100 ETF in the 2nd quarter worth about $237,000. Schmidt P J Investment Management Inc. boosted its stake in Pacer Trendpilot 100 ETF by 24.2% in the 1st quarter. Schmidt P J Investment Management Inc. now owns 3,363 shares of the company’s stock worth $239,000 after buying an additional 655 shares during the last quarter. Finally, Baird Financial Group Inc. acquired a new stake in Pacer Trendpilot 100 ETF in the 1st quarter worth about $244,000.

Pacer Trendpilot 100 ETF Trading Up 1.1%

Shares of NASDAQ:PTNQ opened at $79.72 on Friday. The stock’s 50-day moving average price is $76.26 and its two-hundred day moving average price is $71.87. Pacer Trendpilot 100 ETF has a 12-month low of $65.21 and a 12-month high of $79.88. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 33.04 and a beta of 0.68.

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.