Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Stock Position Lifted by Jane Street Group LLC

Jane Street Group LLC boosted its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 220.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,389 shares of the company’s stock after purchasing an additional 14,708 shares during the period. Jane Street Group LLC’s holdings in Pacer Trendpilot 100 ETF were worth $1,583,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. OLD Point Trust & Financial Services N A bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth approximately $33,000. Kestra Investment Management LLC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth approximately $38,000. Midwest Capital Advisors LLC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth approximately $64,000. Noble Wealth Management PBC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth approximately $85,000. Finally, JPMorgan Chase & Co. grew its position in Pacer Trendpilot 100 ETF by 259.9% in the third quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock worth $105,000 after acquiring an additional 1,032 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Up 0.1%

PTNQ stock opened at $67.39 on Monday. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 28.59 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 12 month low of $67.03 and a 12 month high of $77.83. The firm has a 50 day moving average of $68.71 and a two-hundred day moving average of $72.88.

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.