Pacer Trendpilot 100 ETF $PTNQ Shares Newly Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) in the third quarter, Holdings Channel.com reports. The institutional investor bought 13,085 shares of the company’s stock, valued at approximately $1,167,000.

Several other institutional investors have also added to or reduced their stakes in PTNQ. Sigma Planning Corp acquired a new position in Pacer Trendpilot 100 ETF in the 3rd quarter worth approximately $936,000. Root Financial Partners LLC acquired a new stake in Pacer Trendpilot 100 ETF in the 3rd quarter worth about $71,000. Retirement Planning Group LLC acquired a new stake in Pacer Trendpilot 100 ETF during the 3rd quarter worth $576,000. Gimbal Financial raised its holdings in Pacer Trendpilot 100 ETF by 46.1% in the 3rd quarter. Gimbal Financial now owns 12,522 shares of the company’s stock valued at $1,117,000 after acquiring an additional 3,950 shares during the last quarter. Finally, Quantum Financial Partners LLC purchased a new stake in Pacer Trendpilot 100 ETF in the 3rd quarter valued at $200,000.

Pacer Trendpilot 100 ETF Price Performance

Shares of PTNQ stock opened at $82.09 on Tuesday. Pacer Trendpilot 100 ETF has a 12 month low of $71.56 and a 12 month high of $91.90. The company has a market capitalization of $1.16 billion, a PE ratio of 33.04 and a beta of 0.65. The firm’s 50-day moving average is $87.33 and its two-hundred day moving average is $83.17.

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.