Avantax Advisory Services Inc. Has $14.34 Million Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Avantax Advisory Services Inc. grew its holdings in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 11.2% during the fourth quarter, Holdings Channel reports. The firm owned 193,718 shares of the company’s stock after purchasing an additional 19,493 shares during the period. Avantax Advisory Services Inc.’s holdings in Pacer Trendpilot 100 ETF were worth $14,339,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. MML Investors Services LLC raised its holdings in shares of Pacer Trendpilot 100 ETF by 0.5% during the 3rd quarter. MML Investors Services LLC now owns 39,392 shares of the company’s stock valued at $2,889,000 after purchasing an additional 195 shares in the last quarter. Trustmark National Bank Trust Department raised its holdings in shares of Pacer Trendpilot 100 ETF by 5.2% during the 3rd quarter. Trustmark National Bank Trust Department now owns 4,818 shares of the company’s stock valued at $353,000 after purchasing an additional 240 shares in the last quarter. Harbour Investments Inc. raised its holdings in shares of Pacer Trendpilot 100 ETF by 2.3% during the 3rd quarter. Harbour Investments Inc. now owns 12,075 shares of the company’s stock valued at $885,000 after purchasing an additional 277 shares in the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of Pacer Trendpilot 100 ETF by 4.3% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 8,537 shares of the company’s stock valued at $632,000 after purchasing an additional 350 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its holdings in shares of Pacer Trendpilot 100 ETF by 1.7% during the 4th quarter. Kestra Private Wealth Services LLC now owns 24,698 shares of the company’s stock valued at $1,828,000 after purchasing an additional 403 shares in the last quarter.

Pacer Trendpilot 100 ETF Price Performance

Shares of PTNQ opened at $71.58 on Thursday. The company has a market capitalization of $1.29 billion, a PE ratio of 31.17 and a beta of 0.68. Pacer Trendpilot 100 ETF has a one year low of $66.14 and a one year high of $77.83. The company’s fifty day moving average price is $74.68 and its 200 day moving average price is $74.26.

Pacer Trendpilot 100 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 27th were issued a $1.4487 dividend. The ex-dividend date of this dividend was Friday, December 27th.

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.