LPL Financial LLC Sells 14,072 Shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

LPL Financial LLC trimmed its holdings in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 1.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,260,062 shares of the company’s stock after selling 14,072 shares during the period. LPL Financial LLC owned approximately 0.07% of Pacer Trendpilot 100 ETF worth $92,400,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of PTNQ. Cetera Investment Advisers boosted its stake in Pacer Trendpilot 100 ETF by 1.7% during the second quarter. Cetera Investment Advisers now owns 394,702 shares of the company’s stock worth $28,454,000 after acquiring an additional 6,475 shares in the last quarter. ODonnell Financial Services LLC raised its holdings in shares of Pacer Trendpilot 100 ETF by 2.2% during the third quarter. ODonnell Financial Services LLC now owns 212,795 shares of the company’s stock valued at $15,604,000 after purchasing an additional 4,496 shares during the period. Cetera Advisors LLC boosted its position in shares of Pacer Trendpilot 100 ETF by 45.0% during the 1st quarter. Cetera Advisors LLC now owns 200,280 shares of the company’s stock worth $13,755,000 after purchasing an additional 62,136 shares in the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of Pacer Trendpilot 100 ETF by 38.7% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 157,050 shares of the company’s stock valued at $11,322,000 after buying an additional 43,817 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in Pacer Trendpilot 100 ETF by 1.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 117,479 shares of the company’s stock valued at $8,469,000 after buying an additional 1,269 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

PTNQ stock opened at $74.92 on Friday. The stock’s 50 day simple moving average is $73.73 and its 200 day simple moving average is $72.03. The company has a market cap of $1.35 billion, a P/E ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a fifty-two week low of $63.85 and a fifty-two week high of $75.71.

About Pacer Trendpilot 100 ETF

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.