Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Shares Sold by Truist Financial Corp

Posted by Editorial Team on Feb 25th, 2025

Truist Financial Corp lessened its position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Free Report) by 5.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,970 shares of the company’s stock after selling 2,693 shares during the period. Truist Financial Corp owned about 0.27% of Pacer Trendpilot 100 ETF worth $3,625,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of PTNQ. Assetmark Inc. acquired a new position in shares of Pacer Trendpilot 100 ETF in the third quarter valued at approximately $31,000. JPMorgan Chase & Co. raised its position in shares of Pacer Trendpilot 100 ETF by 259.9% in the third quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock valued at $105,000 after buying an additional 1,032 shares during the last quarter. Tyche Wealth Partners LLC acquired a new position in Pacer Trendpilot 100 ETF during the third quarter worth approximately $202,000. Sanctuary Advisors LLC acquired a new position in Pacer Trendpilot 100 ETF during the fourth quarter worth approximately $229,000. Finally, Hilltop Holdings Inc. acquired a new position in Pacer Trendpilot 100 ETF during the third quarter worth approximately $256,000.

Pacer Trendpilot 100 ETF Stock Performance

Shares of PTNQ stock opened at $74.87 on Tuesday. Pacer Trendpilot 100 ETF has a one year low of $66.14 and a one year high of $77.83. The company has a 50 day moving average price of $75.47 and a 200 day moving average price of $74.12. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 34.58 and a beta of 0.68.

Pacer Trendpilot 100 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 27th were given a dividend of $1.4487 per share. The ex-dividend date of this dividend was Friday, December 27th.

Pacer Trendpilot 100 ETF Profile

(Free Report)

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.