Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN increased its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 723,197 shares of the company’s stock after acquiring an additional 4,791 shares during the period. Wells Fargo & Company MN owned approximately 4.01% of Pacer Trendpilot 100 ETF worth $53,531,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of PTNQ. Raymond James Financial Inc. acquired a new stake in shares of Pacer Trendpilot 100 ETF in the fourth quarter valued at $58,178,000. Brookstone Capital Management grew its holdings in shares of Pacer Trendpilot 100 ETF by 1,078.2% during the fourth quarter. Brookstone Capital Management now owns 165,103 shares of the company’s stock worth $12,221,000 after purchasing an additional 151,090 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Pacer Trendpilot 100 ETF by 124.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 155,076 shares of the company’s stock worth $11,479,000 after buying an additional 86,135 shares during the last quarter. LPL Financial LLC lifted its position in Pacer Trendpilot 100 ETF by 6.6% in the fourth quarter. LPL Financial LLC now owns 1,343,781 shares of the company’s stock valued at $99,467,000 after purchasing an additional 83,719 shares during the period. Finally, Avantax Advisory Services Inc. boosted its stake in shares of Pacer Trendpilot 100 ETF by 11.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 193,718 shares of the company’s stock worth $14,339,000 after acquiring an additional 19,493 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

Shares of PTNQ opened at $67.15 on Thursday. The stock has a fifty day moving average of $72.73 and a two-hundred day moving average of $74.05. The company has a market capitalization of $1.20 billion, a PE ratio of 31.54 and a beta of 0.68. Pacer Trendpilot 100 ETF has a fifty-two week low of $66.14 and a fifty-two week high of $77.83.

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.