Strategic Financial Concepts LLC Buys New Shares in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Strategic Financial Concepts LLC purchased a new position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the 4th quarter, Holdings Channel.com reports. The fund purchased 12,107 shares of the company’s stock, valued at approximately $896,000.

Several other institutional investors have also added to or reduced their stakes in the business. Assetmark Inc. purchased a new stake in Pacer Trendpilot 100 ETF during the 3rd quarter valued at about $31,000. JPMorgan Chase & Co. lifted 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 valued at $105,000 after purchasing an additional 1,032 shares during the last quarter. NBC Securities Inc. boosted its stake in shares of Pacer Trendpilot 100 ETF by 17.2% during the third quarter. NBC Securities Inc. now owns 2,468 shares of the company’s stock valued at $180,000 after purchasing an additional 363 shares during the period. Tyche Wealth Partners LLC bought a new position in shares of Pacer Trendpilot 100 ETF in the third quarter worth approximately $202,000. Finally, Hilltop Holdings Inc. purchased a new position in shares of Pacer Trendpilot 100 ETF in the third quarter worth $256,000.

Pacer Trendpilot 100 ETF Stock Down 0.2 %

NASDAQ:PTNQ opened at $75.60 on Wednesday. The firm has a market capitalization of $1.36 billion, a P/E ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 52 week low of $66.14 and a 52 week high of $77.83. The company has a fifty day moving average of $75.52 and a 200 day moving average of $73.73.

Pacer Trendpilot 100 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 27th were issued a dividend of $1.4487 per share. The ex-dividend date of this dividend was Friday, December 27th.

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.