PKS Advisory Services LLC Invests $1.39 Million in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

PKS Advisory Services LLC acquired a new stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 18,796 shares of the company’s stock, valued at approximately $1,391,000. PKS Advisory Services LLC owned about 0.10% of Pacer Trendpilot 100 ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PTNQ. MML Investors Services LLC grew its holdings in Pacer Trendpilot 100 ETF by 0.5% during the third quarter. MML Investors Services LLC now owns 39,392 shares of the company’s stock worth $2,889,000 after purchasing an additional 195 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in shares of Pacer Trendpilot 100 ETF by 4.3% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 8,537 shares of the company’s stock worth $632,000 after acquiring an additional 350 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in Pacer Trendpilot 100 ETF by 1.7% in the 4th quarter. Kestra Private Wealth Services LLC now owns 24,698 shares of the company’s stock valued at $1,828,000 after acquiring an additional 403 shares during the period. OLD Point Trust & Financial Services N A acquired a new position in Pacer Trendpilot 100 ETF in the 4th quarter valued at about $33,000. Finally, IFP Advisors Inc grew its position in shares of Pacer Trendpilot 100 ETF by 43.8% in the fourth quarter. IFP Advisors Inc now owns 1,516 shares of the company’s stock valued at $112,000 after purchasing an additional 462 shares during the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

PTNQ opened at $72.64 on Tuesday. Pacer Trendpilot 100 ETF has a fifty-two week low of $66.14 and a fifty-two week high of $77.83. The stock has a fifty day moving average of $74.27 and a 200-day moving average of $74.29. The company has a market capitalization of $1.31 billion, a P/E ratio of 31.17 and a beta of 0.68.

Pacer Trendpilot 100 ETF Dividend Announcement

The company also recently declared 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.

Pacer Trendpilot 100 ETF Profile

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.