Steward Partners Investment Advisory LLC Raises Stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Steward Partners Investment Advisory LLC boosted its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 8.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 120,783 shares of the company’s stock after purchasing an additional 9,073 shares during the quarter. Steward Partners Investment Advisory LLC owned about 0.67% of Pacer Trendpilot 100 ETF worth $8,940,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. purchased a new stake in shares of Pacer Trendpilot 100 ETF in the 3rd quarter worth approximately $31,000. Kestra Investment Management LLC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth $38,000. Midwest Capital Advisors LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF in the fourth quarter worth $64,000. Noble Wealth Management PBC bought a new position in shares of Pacer Trendpilot 100 ETF during the fourth quarter valued at $85,000. Finally, JPMorgan Chase & Co. raised its position in shares of Pacer Trendpilot 100 ETF by 259.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock worth $105,000 after purchasing an additional 1,032 shares during the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

Shares of PTNQ stock opened at $73.45 on Thursday. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 34.58 and a beta of 0.68. Pacer Trendpilot 100 ETF has a one year low of $66.14 and a one year high of $77.83. The company’s 50-day moving average is $75.00 and its 200 day moving average is $74.28.

Pacer Trendpilot 100 ETF Announces Dividend

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 was Friday, December 27th.

Pacer Trendpilot 100 ETF Company 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.