Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Shares Sold by Cwm LLC

Cwm LLC lessened its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 1.7% during the fourth quarter, HoldingsChannel reports. The firm owned 31,616 shares of the company’s stock after selling 547 shares during the period. Cwm LLC’s holdings in Pacer Trendpilot 100 ETF were worth $2,065,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of PTNQ. DecisionPoint Financial LLC acquired a new position in shares of Pacer Trendpilot 100 ETF during the third quarter worth about $46,000. NBC Securities Inc. acquired a new position in shares of Pacer Trendpilot 100 ETF during the third quarter worth about $129,000. Burns Matteson Capital Management LLC acquired a new position in shares of Pacer Trendpilot 100 ETF during the fourth quarter worth about $220,000. Strategic Financial Concepts LLC lifted its stake in shares of Pacer Trendpilot 100 ETF by 17.8% during the third quarter. Strategic Financial Concepts LLC now owns 3,828 shares of the company’s stock worth $235,000 after purchasing an additional 578 shares in the last quarter. Finally, Orion Portfolio Solutions LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF during the third quarter worth about $276,000.

Pacer Trendpilot 100 ETF Stock Performance

Shares of NASDAQ PTNQ opened at $67.13 on Friday. Pacer Trendpilot 100 ETF has a 1 year low of $53.24 and a 1 year high of $69.10. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 35.33 and a beta of 0.68. The stock’s 50-day simple moving average is $68.03 and its 200-day simple moving average is $65.81.

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.