Harbour Investments Inc. Sells 4,820 Shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Harbour Investments Inc. trimmed its holdings in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 29.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,798 shares of the company’s stock after selling 4,820 shares during the period. Harbour Investments Inc. owned about 0.07% of Pacer Trendpilot 100 ETF worth $851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PTNQ. CreativeOne Wealth LLC raised its position in shares of Pacer Trendpilot 100 ETF by 1.3% in the 1st quarter. CreativeOne Wealth LLC now owns 12,361 shares of the company’s stock valued at $849,000 after purchasing an additional 164 shares during the last quarter. Western Wealth Management LLC raised its position in shares of Pacer Trendpilot 100 ETF by 0.5% in the 2nd quarter. Western Wealth Management LLC now owns 43,050 shares of the company’s stock valued at $3,104,000 after purchasing an additional 207 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of Pacer Trendpilot 100 ETF by 1.4% in the 1st quarter. Arkadios Wealth Advisors now owns 14,932 shares of the company’s stock valued at $1,026,000 after purchasing an additional 208 shares during the last quarter. XML Financial LLC raised its position in shares of Pacer Trendpilot 100 ETF by 2.3% in the 1st quarter. XML Financial LLC now owns 12,327 shares of the company’s stock valued at $847,000 after purchasing an additional 278 shares during the last quarter. Finally, Tempus Wealth Planning LLC raised its position in shares of Pacer Trendpilot 100 ETF by 4.9% in the 2nd quarter. Tempus Wealth Planning LLC now owns 6,426 shares of the company’s stock valued at $463,000 after purchasing an additional 300 shares during the last quarter.

Pacer Trendpilot 100 ETF Price Performance

PTNQ traded down $0.51 during trading on Wednesday, reaching $71.64. 34,164 shares of the company’s stock were exchanged, compared to its average volume of 53,612. Pacer Trendpilot 100 ETF has a 1 year low of $60.27 and a 1 year high of $74.13. The stock has a market capitalization of $1.28 billion, a P/E ratio of 35.78 and a beta of 0.68. The company’s fifty day simple moving average is $71.77 and its 200-day simple moving average is $69.76.

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.