Geneos Wealth Management Inc. Has $13.15 Million Stock Position in Pacer Trendpilot 100 ETF $PTNQ

Geneos Wealth Management Inc. lessened its holdings in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 7.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 169,582 shares of the company’s stock after selling 13,887 shares during the quarter. Geneos Wealth Management Inc. owned 1.04% of Pacer Trendpilot 100 ETF worth $13,148,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PTNQ. Bank of Montreal Can bought a new stake in shares of Pacer Trendpilot 100 ETF in the second quarter worth about $43,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Pacer Trendpilot 100 ETF during the 2nd quarter valued at about $58,000. Trust Co. of Vermont acquired a new position in shares of Pacer Trendpilot 100 ETF in the 2nd quarter valued at approximately $66,000. Brookwood Investment Group LLC acquired a new position in shares of Pacer Trendpilot 100 ETF in the 3rd quarter valued at approximately $213,000. Finally, HBW Advisory Services LLC bought a new stake in Pacer Trendpilot 100 ETF during the 2nd quarter worth approximately $237,000.

Pacer Trendpilot 100 ETF Stock Performance

Shares of PTNQ stock opened at $79.19 on Tuesday. Pacer Trendpilot 100 ETF has a 52 week low of $65.21 and a 52 week high of $82.21. The company’s 50 day moving average price is $79.54 and its two-hundred day moving average price is $76.29. The company has a market capitalization of $1.29 billion, a P/E ratio of 33.04 and a beta of 0.55.

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.