Retirement Planning Group LLC Buys New Stake in Pacer Trendpilot 100 ETF $PTNQ

Retirement Planning Group LLC bought a new stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the third quarter, HoldingsChannel reports. The institutional investor bought 6,453 shares of the company’s stock, valued at approximately $576,000.

Other large investors also recently added to or reduced their stakes in the company. Realta Investment Advisors acquired a new position in Pacer Trendpilot 100 ETF during the first quarter worth $55,000. Trust Co. of Vermont purchased a new position in shares of Pacer Trendpilot 100 ETF during the second quarter worth $61,000. Continuum Advisory LLC purchased a new position in shares of Pacer Trendpilot 100 ETF during the second quarter worth $94,000. Virginia Estate & Retirement Planning Advisors Inc. acquired a new stake in shares of Pacer Trendpilot 100 ETF in the third quarter valued at $94,000. Finally, Farther Finance Advisors LLC grew its stake in shares of Pacer Trendpilot 100 ETF by 64.6% in the third quarter. Farther Finance Advisors LLC now owns 1,129 shares of the company’s stock valued at $101,000 after buying an additional 443 shares in the last quarter.

Pacer Trendpilot 100 ETF Trading Up 1.2%

PTNQ stock opened at $87.53 on Thursday. The company has a market capitalization of $1.26 billion, a PE ratio of 33.04 and a beta of 0.65. Pacer Trendpilot 100 ETF has a 12-month low of $71.56 and a 12-month high of $91.90. The business’s fifty day moving average price is $87.61 and its 200 day moving average price is $85.37.

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.