Oppenheimer & Co. Inc. Trims Holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Oppenheimer & Co. Inc. decreased its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 11.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,145 shares of the company’s stock after selling 1,990 shares during the period. Oppenheimer & Co. Inc.’s holdings in Pacer Trendpilot 100 ETF were worth $1,111,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. purchased a new stake in Pacer Trendpilot 100 ETF in the third quarter worth $31,000. Ridgewood Investments LLC purchased a new stake in Pacer Trendpilot 100 ETF in the second quarter worth $40,000. PSI Advisors LLC increased its stake in Pacer Trendpilot 100 ETF by 69.5% in the second quarter. PSI Advisors LLC now owns 1,158 shares of the company’s stock worth $83,000 after purchasing an additional 475 shares during the period. Concourse Financial Group Securities Inc. increased its stake in Pacer Trendpilot 100 ETF by 355.0% in the second quarter. Concourse Financial Group Securities Inc. now owns 1,820 shares of the company’s stock worth $131,000 after purchasing an additional 1,420 shares during the period. Finally, NBC Securities Inc. increased its stake in Pacer Trendpilot 100 ETF by 17.2% in the third quarter. NBC Securities Inc. now owns 2,468 shares of the company’s stock worth $180,000 after purchasing an additional 363 shares during the period.

Pacer Trendpilot 100 ETF Trading Up 0.4 %

Shares of Pacer Trendpilot 100 ETF stock opened at $74.39 on Tuesday. The stock’s fifty day moving average price is $73.38 and its 200-day moving average price is $71.85. The firm has a market cap of $1.34 billion, a P/E ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 12 month low of $63.85 and a 12 month high of $75.71.

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.