ODonnell Financial Services LLC Takes Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

ODonnell Financial Services LLC acquired a new stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 178,897 shares of the company’s stock, valued at approximately $11,687,000. Pacer Trendpilot 100 ETF makes up approximately 5.9% of ODonnell Financial Services LLC’s holdings, making the stock its 7th biggest position. ODonnell Financial Services LLC owned 1.04% of Pacer Trendpilot 100 ETF as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Atria Wealth Solutions Inc. raised its stake in shares of Pacer Trendpilot 100 ETF by 1.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 83,014 shares of the company’s stock valued at $5,479,000 after buying an additional 983 shares in the last quarter. Gimbal Financial bought a new stake in shares of Pacer Trendpilot 100 ETF in the 4th quarter worth about $1,574,000. J.W. Cole Advisors Inc. grew its holdings in shares of Pacer Trendpilot 100 ETF by 2.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 8,499 shares of the company’s stock worth $555,000 after purchasing an additional 200 shares during the last quarter. Clarus Group Inc. grew its holdings in shares of Pacer Trendpilot 100 ETF by 4.4% in the 4th quarter. Clarus Group Inc. now owns 76,801 shares of the company’s stock worth $5,017,000 after purchasing an additional 3,251 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Pacer Trendpilot 100 ETF by 0.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 98,175 shares of the company’s stock worth $6,414,000 after purchasing an additional 618 shares during the last quarter.

Pacer Trendpilot 100 ETF Price Performance

Shares of PTNQ traded up $0.48 during trading hours on Friday, hitting $67.61. The stock had a trading volume of 36,094 shares, compared to its average volume of 58,585. The company’s fifty day moving average is $68.03 and its two-hundred day moving average is $65.87. Pacer Trendpilot 100 ETF has a 52 week low of $53.96 and a 52 week high of $69.10. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 34.73 and a beta of 0.74.

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.