OLD Point Trust & Financial Services N A Invests $33,000 in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

OLD Point Trust & Financial Services N A acquired a new stake in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) during the fourth quarter, Holdings Channel.com reports. The firm acquired 452 shares of the company’s stock, valued at approximately $33,000.

Other institutional investors have also made changes to their positions in the company. MML Investors Services LLC grew its holdings in Pacer Trendpilot 100 ETF by 0.5% during the third quarter. MML Investors Services LLC now owns 39,392 shares of the company’s stock valued at $2,889,000 after purchasing an additional 195 shares during the last quarter. Trustmark National Bank Trust Department boosted its holdings in shares of Pacer Trendpilot 100 ETF by 5.2% during the 3rd quarter. Trustmark National Bank Trust Department now owns 4,818 shares of the company’s stock worth $353,000 after buying an additional 240 shares during the period. GPS Wealth Strategies Group LLC grew its stake in Pacer Trendpilot 100 ETF by 4.3% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 8,537 shares of the company’s stock valued at $632,000 after buying an additional 350 shares during the last quarter. Kestra Private Wealth Services LLC raised its holdings in Pacer Trendpilot 100 ETF by 1.7% in the 4th quarter. Kestra Private Wealth Services LLC now owns 24,698 shares of the company’s stock worth $1,828,000 after acquiring an additional 403 shares during the period. Finally, IFP Advisors Inc lifted its position in Pacer Trendpilot 100 ETF by 43.8% during the 4th quarter. IFP Advisors Inc now owns 1,516 shares of the company’s stock worth $112,000 after acquiring an additional 462 shares during the last quarter.

Pacer Trendpilot 100 ETF Stock Performance

Shares of NASDAQ:PTNQ opened at $71.73 on Friday. The stock’s 50-day moving average is $74.33 and its 200-day moving average is $74.23. The company has a market cap of $1.29 billion, a P/E ratio of 31.17 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 52-week low of $66.14 and a 52-week high of $77.83.

Pacer Trendpilot 100 ETF Announces Dividend

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

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.