IFS Group LLC Takes Position in Pacer Trendpilot 100 ETF $PTNQ

IFS Group LLC bought a new position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,996 shares of the company’s stock, valued at approximately $583,000. IFS Group LLC owned 0.05% of Pacer Trendpilot 100 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. HBW Advisory Services LLC grew its holdings in Pacer Trendpilot 100 ETF by 5.5% during the 4th quarter. HBW Advisory Services LLC now owns 3,511 shares of the company’s stock worth $276,000 after acquiring an additional 183 shares in the last quarter. XML Financial LLC raised its holdings in shares of Pacer Trendpilot 100 ETF by 1.9% in the 4th quarter. XML Financial LLC now owns 10,911 shares of the company’s stock valued at $858,000 after purchasing an additional 200 shares in the last quarter. Mutual Advisors LLC lifted its position in shares of Pacer Trendpilot 100 ETF by 16.5% during the 4th quarter. Mutual Advisors LLC now owns 3,076 shares of the company’s stock worth $242,000 after purchasing an additional 436 shares during the last quarter. Motiv8 Investments LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF during the 4th quarter worth $35,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF during the 4th quarter worth $40,000.

Pacer Trendpilot 100 ETF Trading Down 2.1%

Shares of PTNQ stock opened at $79.77 on Thursday. The company has a market cap of $1.16 billion, a P/E ratio of 33.04 and a beta of 0.65. The firm has a fifty day moving average price of $86.42 and a 200 day moving average price of $81.21. Pacer Trendpilot 100 ETF has a 12 month low of $71.25 and a 12 month high of $90.15.

About Pacer Trendpilot 100 ETF

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.