Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Sees Large Volume Increase

Pacer Trendpilot 100 ETF (NASDAQ:PTNQGet Free Report) saw an uptick in trading volume on Wednesday . 34,533 shares traded hands during trading, a decline of 41% from the previous session’s volume of 58,943 shares.The stock last traded at $64.11 and had previously closed at $64.01.

Pacer Trendpilot 100 ETF Trading Down 0.1 %

The firm has a fifty day moving average price of $62.16 and a 200 day moving average price of $61.29. The firm has a market cap of $1.01 billion, a PE ratio of 23.99 and a beta of 0.68.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Harbour Investments Inc. raised its holdings in shares of Pacer Trendpilot 100 ETF by 3.7% during the 3rd quarter. Harbour Investments Inc. now owns 9,626 shares of the company’s stock worth $591,000 after acquiring an additional 347 shares during the period. Morgan Stanley increased its position in shares of Pacer Trendpilot 100 ETF by 22.4% during the 3rd quarter. Morgan Stanley now owns 1,114,104 shares of the company’s stock worth $68,451,000 after purchasing an additional 203,878 shares during the last quarter. Royal Bank of Canada increased its position in shares of Pacer Trendpilot 100 ETF by 1.7% during the 3rd quarter. Royal Bank of Canada now owns 238,862 shares of the company’s stock worth $14,675,000 after purchasing an additional 3,914 shares during the last quarter. Elevatus Welath Management acquired a new stake in shares of Pacer Trendpilot 100 ETF during the 3rd quarter worth about $713,000. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of Pacer Trendpilot 100 ETF during the 3rd quarter worth about $756,000.

About Pacer Trendpilot 100 ETF

(Get Free Report)

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.

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