UBS Group AG raised its holdings in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Free Report) by 2.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 256,991 shares of the company’s stock after purchasing an additional 7,090 shares during the quarter. UBS Group AG’s holdings in Pacer Trendpilot 100 ETF were worth $20,212,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC lifted 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 during the last quarter. Bryn Mawr Trust Advisors LLC bought a new position in Pacer Trendpilot 100 ETF in the 3rd quarter valued at $1,675,000. Vienna Asset Management LLC increased its stake in Pacer Trendpilot 100 ETF by 28.9% in the second quarter. Vienna Asset Management LLC now owns 68,465 shares of the company’s stock worth $4,886,000 after purchasing an additional 15,335 shares during the period. Susquehanna International Group LLP increased its stake in Pacer Trendpilot 100 ETF by 64.6% in the third quarter. Susquehanna International Group LLP now owns 33,253 shares of the company’s stock worth $2,578,000 after purchasing an additional 13,055 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of Pacer Trendpilot 100 ETF by 16.2% during the third quarter. HighTower Advisors LLC now owns 88,636 shares of the company’s stock worth $6,872,000 after purchasing an additional 12,371 shares during the last quarter.
Pacer Trendpilot 100 ETF Trading Up 0.3%
Shares of PTNQ opened at $85.95 on Tuesday. The firm has a fifty day moving average price of $77.15 and a 200-day moving average price of $78.50. The firm has a market capitalization of $1.33 billion, a P/E ratio of 33.04 and a beta of 0.63. Pacer Trendpilot 100 ETF has a 12-month low of $65.21 and a 12-month high of $86.13.
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.
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