Independent Advisor Alliance Makes New Investment in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Independent Advisor Alliance purchased a new position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 10,062 shares of the company’s stock, valued at approximately $745,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in Pacer Trendpilot 100 ETF in the 4th quarter worth $58,178,000. Steward Partners Investment Advisory LLC lifted its position in shares of Pacer Trendpilot 100 ETF by 8.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 120,783 shares of the company’s stock valued at $8,940,000 after buying an additional 9,073 shares during the last quarter. Jacobi Capital Management LLC bought a new position in Pacer Trendpilot 100 ETF during the fourth quarter worth $225,000. Noble Wealth Management PBC bought a new stake in shares of Pacer Trendpilot 100 ETF during the 4th quarter worth about $85,000. Finally, Parkside Financial Bank & Trust grew its position in shares of Pacer Trendpilot 100 ETF by 36.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 3,365 shares of the company’s stock valued at $249,000 after purchasing an additional 900 shares during the last quarter.

Pacer Trendpilot 100 ETF Trading Up 1.3 %

NASDAQ PTNQ opened at $71.76 on Monday. The firm’s 50 day simple moving average is $74.56 and its 200 day simple moving average is $74.27. Pacer Trendpilot 100 ETF has a 1 year low of $66.14 and a 1 year high of $77.83. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 31.17 and a beta of 0.68.

Pacer Trendpilot 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 27th were paid a $1.4487 dividend. The ex-dividend date was Friday, December 27th.

About Pacer Trendpilot 100 ETF

(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.

Featured Stories

Want to see what other hedge funds are holding PTNQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer Trendpilot 100 ETF (NASDAQ:PTNQFree Report).

Institutional Ownership by Quarter for Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Receive News & Ratings for Pacer Trendpilot 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer Trendpilot 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.