Midwest Capital Advisors LLC Buys Shares of 858 Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Midwest Capital Advisors LLC bought a new stake in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 858 shares of the company’s stock, valued at approximately $64,000.

Other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC grew its holdings in Pacer Trendpilot 100 ETF by 54.5% during the 3rd quarter. Jane Street Group LLC now owns 6,681 shares of the company’s stock valued at $490,000 after buying an additional 2,358 shares in the last quarter. Merit Financial Group LLC purchased a new position in shares of Pacer Trendpilot 100 ETF during the fourth quarter worth about $331,000. Janney Montgomery Scott LLC grew its holdings in shares of Pacer Trendpilot 100 ETF by 9.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 25,759 shares of the company’s stock worth $1,907,000 after purchasing an additional 2,157 shares in the last quarter. Tyche Wealth Partners LLC grew its holdings in shares of Pacer Trendpilot 100 ETF by 22.0% during the fourth quarter. Tyche Wealth Partners LLC now owns 3,361 shares of the company’s stock worth $249,000 after purchasing an additional 607 shares in the last quarter. Finally, Sigma Planning Corp grew its holdings in shares of Pacer Trendpilot 100 ETF by 6.9% during the third quarter. Sigma Planning Corp now owns 15,177 shares of the company’s stock worth $1,113,000 after purchasing an additional 982 shares in the last quarter.

Pacer Trendpilot 100 ETF Trading Down 1.2 %

Shares of NASDAQ PTNQ opened at $75.55 on Monday. Pacer Trendpilot 100 ETF has a 12 month low of $66.14 and a 12 month high of $77.83. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 34.58 and a beta of 0.68. The business has a 50-day moving average of $75.47 and a 200-day moving average of $74.08.

Pacer Trendpilot 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 27th were issued a dividend of $1.4487 per share. The ex-dividend date was Friday, December 27th.

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.