New Century Financial Group LLC Sells 11,964 Shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

New Century Financial Group LLC cut its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 75.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,857 shares of the company’s stock after selling 11,964 shares during the quarter. New Century Financial Group LLC’s holdings in Pacer Trendpilot 100 ETF were worth $283,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Concourse Financial Group Securities Inc. purchased a new position in Pacer Trendpilot 100 ETF in the first quarter valued at about $27,000. Ridgewood Investments LLC bought a new position in shares of Pacer Trendpilot 100 ETF during the 2nd quarter worth approximately $40,000. Register Financial Advisors LLC bought a new position in shares of Pacer Trendpilot 100 ETF during the 1st quarter worth approximately $59,000. PSI Advisors LLC lifted its position in Pacer Trendpilot 100 ETF by 69.5% during the second quarter. PSI Advisors LLC now owns 1,158 shares of the company’s stock valued at $83,000 after acquiring an additional 475 shares during the last quarter. Finally, NBC Securities Inc. boosted its stake in Pacer Trendpilot 100 ETF by 17.2% in the third quarter. NBC Securities Inc. now owns 2,468 shares of the company’s stock valued at $180,000 after acquiring an additional 363 shares in the last quarter.

Pacer Trendpilot 100 ETF Trading Up 0.4 %

Shares of PTNQ stock opened at $73.85 on Monday. The company has a market cap of $1.33 billion, a PE ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 12-month low of $60.27 and a 12-month high of $74.18. The business’s fifty day simple moving average is $72.28 and its 200-day simple moving average is $70.91.

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.