Axxcess Wealth Management LLC Trims Stock Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Axxcess Wealth Management LLC trimmed its stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 5.8% in the 4th quarter, HoldingsChannel reports. The firm owned 10,336 shares of the company’s stock after selling 641 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Pacer Trendpilot 100 ETF were worth $765,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Kestra Investment Management LLC bought a new position in Pacer Trendpilot 100 ETF in the fourth quarter worth about $38,000. Midwest Capital Advisors LLC purchased a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter worth approximately $64,000. Noble Wealth Management PBC bought a new position in shares of Pacer Trendpilot 100 ETF in the 4th quarter worth approximately $85,000. JPMorgan Chase & Co. lifted its stake in shares of Pacer Trendpilot 100 ETF by 259.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock valued at $105,000 after purchasing an additional 1,032 shares during the period. Finally, IFP Advisors Inc boosted its position in shares of Pacer Trendpilot 100 ETF by 43.8% during the fourth quarter. IFP Advisors Inc now owns 1,516 shares of the company’s stock valued at $112,000 after purchasing an additional 462 shares in the last quarter.

Pacer Trendpilot 100 ETF Stock Down 0.2 %

Shares of PTNQ stock opened at $71.73 on Friday. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 31.17 and a beta of 0.68. The business’s fifty day moving average is $74.33 and its 200 day moving average is $74.23. Pacer Trendpilot 100 ETF has a twelve month low of $66.14 and a twelve month high of $77.83.

Pacer Trendpilot 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 27th were paid a $1.4487 dividend. The ex-dividend date was Friday, December 27th.

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.