Citadel Advisors LLC increased its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Free Report) by 138.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,578 shares of the company’s stock after acquiring an additional 21,252 shares during the period. Citadel Advisors LLC owned approximately 0.25% of Pacer Trendpilot 100 ETF worth $3,243,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in PTNQ. Motiv8 Investments LLC acquired a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth approximately $35,000. Arax Advisory Partners bought a new position in Pacer Trendpilot 100 ETF during the 4th quarter valued at $40,000. Realta Investment Advisors acquired a new position in Pacer Trendpilot 100 ETF during the first quarter worth about $55,000. Northwestern Mutual Wealth Management Co. bought a new stake in Pacer Trendpilot 100 ETF in the second quarter worth about $58,000. Finally, Trust Co. of Vermont acquired a new stake in Pacer Trendpilot 100 ETF in the 2nd quarter valued at about $61,000.
Pacer Trendpilot 100 ETF Price Performance
Shares of PTNQ opened at $86.65 on Tuesday. The firm’s 50 day moving average is $85.74 and its 200-day moving average is $82.64. The stock has a market capitalization of $1.25 billion, a P/E ratio of 33.04 and a beta of 0.66. Pacer Trendpilot 100 ETF has a 12-month low of $71.56 and a 12-month high of $90.15.
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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