Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 298 shares, a decline of 96.8% from the August 15th total of 9,233 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 47,204 shares, the days-to-cover ratio is presently 0.0 days.
Pacer Trendpilot 100 ETF Trading Up 0.9%
PTNQ stock traded up $0.79 during midday trading on Friday, hitting $86.18. 11,186 shares of the company’s stock were exchanged, compared to its average volume of 35,704. Pacer Trendpilot 100 ETF has a 1-year low of $71.56 and a 1-year high of $90.15. The stock has a market capitalization of $1.24 billion, a PE ratio of 33.04 and a beta of 0.66. The business has a 50-day simple moving average of $85.67 and a two-hundred day simple moving average of $82.85.
Institutional Trading of Pacer Trendpilot 100 ETF
Several institutional investors and hedge funds have recently bought and sold shares of PTNQ. Motiv8 Investments LLC purchased a new position in Pacer Trendpilot 100 ETF during the fourth quarter worth about $35,000. Arax Advisory Partners purchased a new stake in shares of Pacer Trendpilot 100 ETF in the 4th quarter valued at approximately $40,000. Realta Investment Advisors acquired a new position in shares of Pacer Trendpilot 100 ETF in the 1st quarter worth approximately $55,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Pacer Trendpilot 100 ETF in the 2nd quarter worth approximately $58,000. Finally, Trust Co. of Vermont purchased a new position in shares of Pacer Trendpilot 100 ETF during the 2nd quarter worth approximately $61,000.
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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