Assetmark Inc. Invests $31,000 in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Assetmark Inc. purchased a new position in shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the third quarter, HoldingsChannel reports. The firm purchased 424 shares of the company’s stock, valued at approximately $31,000.

Several other large investors have also recently added to or reduced their stakes in the company. Financial Services Advisory Inc grew its holdings in Pacer Trendpilot 100 ETF by 1.0% during the third quarter. Financial Services Advisory Inc now owns 23,219 shares of the company’s stock worth $1,703,000 after acquiring an additional 233 shares during the period. Ameritas Advisory Services LLC boosted its position in shares of Pacer Trendpilot 100 ETF by 29.6% during the 3rd quarter. Ameritas Advisory Services LLC now owns 39,918 shares of the company’s stock worth $2,927,000 after purchasing an additional 9,110 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Pacer Trendpilot 100 ETF by 10.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 23,602 shares of the company’s stock worth $1,731,000 after purchasing an additional 2,250 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of Pacer Trendpilot 100 ETF by 3.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 68,941 shares of the company’s stock valued at $5,055,000 after purchasing an additional 2,016 shares in the last quarter. Finally, Financial Advocates Investment Management lifted its stake in shares of Pacer Trendpilot 100 ETF by 0.7% in the third quarter. Financial Advocates Investment Management now owns 60,730 shares of the company’s stock valued at $4,453,000 after purchasing an additional 443 shares during the period.

Pacer Trendpilot 100 ETF Trading Up 0.3 %

PTNQ stock opened at $74.58 on Wednesday. The company’s 50-day moving average price is $73.47 and its 200 day moving average price is $71.90. Pacer Trendpilot 100 ETF has a 52 week low of $63.85 and a 52 week high of $75.71. 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 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.